Year Cash
Flow
0
-$26,000
1
$11,000
2
$14,000
3
$10,000
1. Suppose the firm uses the NPV decision rule. At
the required return of 11 percent, should the firm accept this
project? What if the required return is 24 percent? Please use and
show excel financial functions used.
Year Cash Flow 0 -$26,000 1 $11,000 2 $
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