For the given cash flows, suppose the firm uses the NPV decision rule.
Year Cash Flow
0 -$ 153,000
1 78,000
2 67,000
3 49,000
Requirement 1:
At a required return of 9 percent, what is the NPV of the project? (Do not round intermediate calculations.
Requirement 2:
At a required return of 21 percent, what is the NPV of the project? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign.