Problem $13-13$ Spreadsheet Problem: NPV $($LG$13-3)$

Suppose your firm is considering investing in a profect with the cash flow, shown below, that the required rate of retum on projects

This risk class is $12$ percent, and that the maximum allowable payback and discounted payback stallstics for your company are $2\mathrm{.}5$ ar

$3\mathrm{.}0$ years, respectively.

Use the NPV decision rule to evaluate this project.

Note: Do not round intermediate calculations and round your final answer to $2$ decimal places.

NPV

Should it be accepted of rejected?