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For the given cash flows, suppose the firm uses the NPV decision rule. YearCash Flow0$158,000158,000281,000365,000 Requirement 1: At a required return of 9 percent, what
For the given cash flows, suppose the firm uses the NPV decision rule.
YearCash Flow0$158,000158,000281,000365,000
Requirement 1:At a required return of 9 percent, what is the NPV of the project?(Do not round intermediate calculations.Round your answer to 2 decimal places (e.g.,32.16).)
NPV$
Requirement 2:At a required return of 20 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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