Question: You may attempt this question 3 more times for credit. This is a two-part question, each part worth 5 points First Part: A magazine publisher

 You may attempt this question 3 more times for credit. This

You may attempt this question 3 more times for credit. This is a two-part question, each part worth 5 points First Part: A magazine publisher wants to launch a new magazine geared to college students. The project's initial investment is $68. The project's cash flows that come in at the end of each year are $26 for 4 consecutive years beginning one year from today. What is the project's NPV the required rate of return is 16%? Answer 1: S Place your answer in dollars and cents without the use of a dollar sign or comma. If applicable, a negative answer should have a "minus sign in front of the number. Work your analysis out to at least 4 decimal places of accuracy Second Part Based upon the NPV decision rule, should the company accept or reject the project? Answer #2 (Accept or Reject) Place your aswer as the word "accept or the word "reject". CHECK

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