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For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow 0 $ 157,000 1 59,000 2 80,000 3 64,000

For the given cash flows, suppose the firm uses the NPV decision rule.

Year Cash Flow
0 $ 157,000
1 59,000
2 80,000
3 64,000

Requirement 1:

At a required return of 7 percent, what is the NPV of the project? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

NPV $

Requirement 2:

At a required return of 21 percent, what is the NPV of the project? (Do not round intermediate calculations. A negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)

NPV $

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