NPV and maximum return$$A firm can purchase new equipment for $$$$150$ comma $000$ that generates an annual cash inflow of $$$$44$ comma $400$ for $4$ years.

a$.$ Determine the net present value$($NPV$)$ of the$$ asset, assuming that the firm has a cost of capital of $10\%.$ Is the project$$ acceptable?

b$.$ Determine the maximum required rate of return that the firm can have and still accept the asset.