Question: Problem 9-9 Calculating NPV and l A project that provides annual cash flows of $18,200 for nine years costs $88.000 today. What is the NPV

 Problem 9-9 Calculating NPV and l A project that provides annual

Problem 9-9 Calculating NPV and l A project that provides annual cash flows of $18,200 for nine years costs $88.000 today. What is the NPV for the project if the required return is 8 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g. 32.16.) NPV At a required return of 8 percent, should the firm accept this project? Accept O Reject What is the NPV for the project if the required return is 20 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places. e.g., 32.16.) NPV At a required return of 20 percent, should the firm accept this project? O Accept O Reject

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