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Problem 12-1: Net Present Value (NPV) and Internal Rate of Return A firm is considering a major expansion that will cost SAR 12,000,000. Annual cash

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Problem 12-1: Net Present Value (NPV) and Internal Rate of Return A firm is considering a major expansion that will cost SAR 12,000,000. Annual cash flows from the project are expected to be SAR 3,000,000 for 6 years. The firm uses a discount rate of 10%. Calculate the Net Present Value (NPV) and the Internal Rate of Return of the project and determine if the project is acceptable based on NPV and IRR decision criteria

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