A project under consideration has the following cash flows: Year Cash Flow 0 1 -20,000 13,000 0 2 3 25,000 a. What is the NPV of the project if the required return is 15 percent? (3 points) b. At a required return of 15 percent, should the firm accept this project? (1 point) c. What is the NPV of the project if the required return is 34 percent? (3 points) d. At a required return of 34 percent, should the firm accept this project? (1 point) e. Is the IRR of this project likely to be greater than 34%, or less than 34%? (2 points)