A firm evaluates all of its projects by applying the NPV
decision rule. A project under consideration has the following cash
flows:
Year
Cash Flow
0
–$
27,300
1
11,300
2
14,300
3
10,300
A) What is the NPV for the project if the required return is 10
percent? (Do not round intermediate calculations and round
your answer to 2 decimal places, e.g., 32.16.)
At a required return of 10 percent, should the firm accept this
project?
Yes
No...