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Consider this project with an internal rate of return of 17.7%. The following are the cash flows of the project. Year Cash Flow 0 +$110
Consider this project with an internal rate of return of 17.7%. The following are the cash flows of the project.
Year | Cash Flow | |||
0 | +$110 | |||
1 | 70 | |||
2 | 70 | |||
a. What is project NPV if the discount rate is 14%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. Should you accept the project?
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Yes
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No
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