An investment project provides cash inflows of $615 per year for eight years.

A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows:

Year	Cash Flow
0	$	27,000
1		11,000
2		14,000
3		10,000

What is the NPV for the project if the required return is 10 percent?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

NPV

$

At a required return of 10 percent, should the firm accept this project?

No

Yes

What is the NPV for the project if the required return is 26 percent?(Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

NPV

$

At a required return of 26 percent, should the firm accept this project?

Yes

No

What is the project payback period if the initial cost is $1,750?(Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

Payback period

years

What is the project payback period if the initial cost is $3,400?(Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

Payback period

years

What is the project payback period if the initial cost is $5,100?(Enter 0 if the project never pays back. Round your answer to 2 decimal places, e.g., 32.16.)

Payback period

years