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For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow 0 $ 153,000 1 78,000 2 67,000 3 49,000
For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow 0 $ 153,000 1 78,000 2 67,000 3 49,000 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 21 percent, what is the NPV of the project?
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