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Problem 8-16 IRR/NPV (LO2) Consider this project with an internal rate of return of 21.5%. The following are the cash flows of the project. Year

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Problem 8-16 IRR/NPV (LO2) Consider this project with an internal rate of return of 21.5%. The following are the cash flows of the project. Year Cash Flow +$210 -140 -140 1 2 a. What is project NPV if the discount rate is 13%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV b. Should you accept the project? Yes O No

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