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Consider this project with an internal rate of return of 28.7%. The following are the cash flows of the project. Year Cash Flow 0

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Consider this project with an internal rate of return of 28.7%. The following are the cash flows of the project. Year Cash Flow 0 +$ 145 1 2 -105 -105 a. What is project NPV if the discount rate is 16% ? Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places. NPV b. Should you accept the project? O Yes O No

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