Problem: A project has the following cash flows:
Year Cash Flow
0 $65,200
1 -31,200
2 -49,100
Required:
(a)What is the IRR for this project? (Do not include the percent sign (%). Round your answer to 2 decimal places, e.g. 32.16.)
(b)
(i) What is the NPV of this project, if the required return is 10 percent? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places, e.g. 32.16.)
(ii) Should the firm accept the project?
(c) What is the NPV of the project if the required return is 0 and 20 percent? (Negative amount should be indicated by a minus sign. Round your answers to 2 decimal places, e.g. 32.16.)