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Assume an investment has cash flows of -$42,100, $22,650, $17,950, and $13,100 for Years 0 to 3, respectively. What is the NPV if the required

Assume an investment has cash flows of -$42,100, $22,650, $17,950, and $13,100 for Years 0 to 3, respectively. What is the NPV if the required return is 13.1 percent? Should the project be accepted or rejected?

Multiple Choice

$2,012; accept

$1,014.06; accept

$2,012; reject

$1,014.06; reject

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