1st drop down: negative , positive

2nd drop down: large enough, not large enough

3rd drop down: should, should not

follows: (Click the icon to view the projected net cash inflows.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1. Compute this project's NPV using Cury's 16% hurdle rate. Should Cury invest in the equipment? Cury Industries invest in the equipment. Requirement 2. Cury could refurbish the equipment at the end of six years for $105,000. The refurbished equipment could be used one more year, providing $76,000 of net cash inflows in year 7 . Additionally, the refurbished equipment would have a $54,000 residual value at the end of year 7 . Should Cury invest in the equipment and refurbish it after six years? (Hint: In addition to your answer to Requirement 1, discount the additional cash outflow and inflows back to the present value.) Calculate the NPV of the refurbishment. (Enter any factor amounts to three decimal places, X.XXX. Use parentheses or a minus sign for cash outflows and for a negative net present value.) The refurbishment provides a NPV. The refurbishment NPV is to overcome the original NPV of the equipment. Therefore, the refurbishment alter Cury Industries' original decision regarding the equipment investment. Data table Present Value of $1 Pracant Val nf Nrdinary Annity nf $1 Requirements 1. Compute this project's NPV using Cury's 16% hurdle rate. Should Cury invest in the equipment? 2. Cury could refurbish the equipment at the end of six years for $105,000. The refurbished equipment could be used one more year, providing $76,000 of net cash inflows in year 7 . Additionally, the refurbished equipment would have a $54,000 residual value at the end of year 7 . Should Cury invest in the equipment and refurbish it after six years? (Hint: In addition to your answer to Requirement 1 , discount the additional cash outflow and inflows back to the present value.)