A project has the following cash flows:

What is the IRR for this project? If the required return is 6 percent, should the firm accept the project? What is the NPV of this project? What is the NPV of the project if the required return is 0 percent? 24 percent? What is going on here? Sketch the NPV profile to help you with your answer. 

Transcribed Image Text:

Year Cash Flow $65,000 -38,000 -34,000 2.