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rojects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash Flow 0 -$ 28,400 1 12,400

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rojects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash Flow 0 -$ 28,400 1 12,400 2 3 15,400 11,400 What is the NPV for the project if the required return is 12 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) NPV Answer is complete but not entirely correct. $ 34.62 At a required return of 12 percent, should the firm accept this project? Yes No What is the NPV for the project if the required return is 24 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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