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For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow 0 $ 41,000 1 20,000 2 23,000 3 14,000
For the given cash flows, suppose the firm uses the NPV decision rule.
Year | Cash Flow |
---|---|
0 | $ 41,000 |
1 | 20,000 |
2 | 23,000 |
3 | 14,000 |
At a required return of 11 percent, what is the NPV of the project?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
At a required return of 24 percent, what is the NPV of the project?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
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