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A project has the following cash flows: Year Cash Flow 0 $64,700 1 -30,700 2 -48,600 Required: (a) What is the IRR for this project?

A project has the following cash flows:

Year Cash Flow
0 $64,700
1 -30,700
2 -48,600

Required:
(a) What is the IRR for this project? (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))
IRR percent
(b) If the required return is 8 percent, should the firm accept the project?

(c) What is the NPV of the project if the required return is 0 and 17 percent? (Do not include the dollar signs ($). Negative amount should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16))
NPV at 0 percent $
NPV at 17 percent $

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