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You must show all of your work Question 1 You are considering a project and have estimated the following cash flows: Year 0: CF =

image text in transcribedYou must show all of your work

Question 1 You are considering a project and have estimated the following cash flows: Year 0: CF = -18.405 Year 1: CF = 13,031 Year 2: CF = 6,793 Year 3: CF = 8.985 You require an annual return of 0.02 for projects of this risk level. a. Calculate the NPV of this project. Round to two decimal places b. Will you take this project? State your reason(s)

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