At a required return of 24 percent, should the firm accept this project?

multiple choice 2

• Yes

• No

3 Check my work 4 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 20 points 0 $28,700 1 2 3 12,700 15,700 11,700 eBook CO Hint What is the NPV for the project if the required return is 12 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV References At a required return of 12 percent, should the firm accept this project? Yes O What is the NPV for the project if the required return is 24 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations