Calculating NPV For the cash flows in the previous problem, suppose the firm uses the NPV decision rule. At a required return of 9 percent, should the firm accept this project? What if the required return was 21 percent?

Year Cash Flow

0) $157,300

1) $74,000

2) $87,000

3) $46,000

Please use excel when solving and show what formulas you used and where you got each number. Thank you!