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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?

  • Yes

  • No

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