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For the given cash flows, suppose the firm uses the NPV decision rule. Year O 1 2 3 Cash Flow _$ 157,300 74,000 87,000 46,000

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For the given cash flows, suppose the firm uses the NPV decision rule. Year O 1 2 3 Cash Flow _$ 157,300 74,000 87,000 46,000 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.) a NPV $ 33,235.81 55547 b. NPV S

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