Ace Industries is evaluating a $57,300 project with the following cash flows.

Years	Cash Flows
1	$	9,740
2		18,300
3		19,600
4		24,300
5		26,800

The coefficient of variation is 0.742.

Coefficient of variation			Discount rate
0.000.25				7	%
0.260.50				11
0.510.75				15
0.761.00				16
1.011.25				20

Required:

Compute the net present value (NPV).

Based on the net present value, should the project be undertaken?