:= Qbesnon Help NPV and maximum return A firm can purchase new equipment for a $18,000 initial investment. The equipment generates an annual after tax cash inflow of $7,000 for 4 years. a. Determine the net present value NPV of the asset, assuming that the firm has a cost of capital of 12%. Is the project acceptable? b. Determine the maximum required rate of return that the firm can have and still accept the asset. The net present value (NPV) of the new equipment is S a. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer parts remaining heck Answer Clear All