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Central Mass Ambulance Service can purchase a new ambulance for $200,000 that will provide an aumual net cash flow of $50.000 per year for five

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Central Mass Ambulance Service can purchase a new ambulance for $200,000 that will provide an aumual net cash flow of $50.000 per year for five years, Calculate the NPV of the ambolance if the required rate of retum is 9%. Show calculation. Would you accepe/reject a project based on NpY decision criteria? Why? (4+0.5+0.5=5 marks)

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