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First Part: A magazine publisher wants to launch a new magazine geared to college students. The project's initial investment is $72. The project's cash flows
First Part: A magazine publisher wants to launch a new magazine geared to college students. The project's initial investment is $72. The project's cash flows that come in at the end of each year are $22 for 4 consecutive years beginning one year from today. What is the project's NPV if the required rate of return is 19% ? Answer \#1: $ Place your answer in dollars and cents without the use of a dollar sign or comma. If applicable, a negative answer should have a "minus" sign in front of the number. Work your analysis out to at least 4 decimal places of accuracy. Second Part Based upon the NPV decision rule, should the company accept or reject the project? Answer \#2:(Accept or Reject) Place your aswer as the word "accept" or the word "reject
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