(NPVcalculation)Calculate the NPV given the following free cash flows, if the appropriate required rate of return is

8 percent. Should the project be accepted?

YEARCASH FLOW

0

$90,000

1

10,000

2

10,000

3

15,000

4

15,000

5

30,000

6

30,000

MIRRcalculation)Calculate the MIRR given the following free cash flows if the appropriate required rate of return is 12 percent (use this as the reinvestmentrate). Should the project be accepted? YEAR CASH FLOWS 0 -50,000 1 35,000 2 35,000 3 35,000 4 -35,000 5 35,000 6 35,000