IE QS 24-11 (Static): Net present value (PV factors given) LO P3 Dax Company is considering an investment with an initial cost of $25,000 and net cash flows of $8,000 in year 1,$10,000 in year 2 . and $12,000 in year 3, Assume Dax requires a 12% rate of return on its investments. a. Compute the net present value of the investment. b. Determine whether the investment should be accepted or rejected on the basis of net present value. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Dax Company is considering an investment with the following information. 4 Required: 5 a. Compute the net present value of the investment. 16 b. Determine whether the project should be accepted or rejected on the basis of net present value. 17 18 Determine whether the project should be accepted or rejected on the basis of net present value. 19 20 21