Suppose the firm uses the NPV decision rule. At a required return of 11 percent: * Should the firm accept this project? * What if the required return was 25 percent? YEAR CASH FLOW 0 -$28,000 1 12,000 2 15,000 3 11,000

Select one:

a. yes; no

b. yes; yes

c. no; no

d. no: yes