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Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $18,000, $15,000, $14,000, $14,000, and $19,000, respectively.

Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $18,000, $15,000, $14,000, $14,000, and $19,000, respectively. The interest rate is 10%. Enter your answers rounded to 2 DECIMAL PLACES.

What is the discounted payback period? (number)

If the firm accepts projects with discounted payback periods of less than 3 years, will the project be accepted? Yes or No

What is the NPV of the project? (number)

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