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For the given cash flows, suppose the firm uses the NPV decision rule. Cash Flow -$ 157,300 74,000 Year 0 1 2 3 a. a.

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For the given cash flows, suppose the firm uses the NPV decision rule. Cash Flow -$ 157,300 74,000 Year 0 1 2 3 a. a. At a required return of 9 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. At a required return of 21 percent, what is the NPV of the project? (A negative answser should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV b. NPV 87,000 46,000

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