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Problem 10-14 (similar to) (NPV calculation) Calculate the NPV given the following cash flows, shown below , if the appropriate required rate of return is

Problem 10-14 (similar to)

(NPV calculation) Calculate the NPV given the following cash flows, shown below , if the appropriate required rate of return is 14 percent. Should the project be accepted? What is the project's NPV?

YEAR CASH FLOWS
0 -60000
1 35000
2 35000
3 35000
4 -35000
5 35000
6 35000

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