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

$1,014.06; reject

$2,012; reject

A project has cash flows of -$151,000, $41,700, $78,750, and $57,650 for Years 0 to 3, respectively. The required return is 11.5 percent. Based on the internal rate of return of ______ percent for this project, you should _____ the project.

Multiple Choice

8.67; accept

8.67; reject

8.31; reject

8.31; accept