For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow -$ 157,300 74,000 87,000 46,000 a. At a required return of 9 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. At a required return of 21 percent, what is the NPV of the project? (A negative answser should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. NPV b. NPV 0123

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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For the given cash flows, suppose the firm uses the NPV decision rule.
Year
Cash Flow
-$ 157,300
74,000
87,000
46,000
a. At a required return of 9 percent, what is the NPV of the project? (Do not round
intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. At a required return of 21 percent, what is the NPV of the project? (A negative
answser should be indicated by a minus sign. Do not round intermediate
calculations and round your answer to 2 decimal places, e.g., 32.16.)
a.
NPV
b. NPV
0123
Transcribed Image Text:Red Rocks Church M Inbox (681) - dare6... G Buff Portal The Promotional El... < - Chapter 8 Saved For the given cash flows, suppose the firm uses the NPV decision rule. Year Cash Flow -$ 157,300 74,000 87,000 46,000 a. At a required return of 9 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. At a required return of 21 percent, what is the NPV of the project? (A negative answser should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. NPV b. NPV 0123
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