Problem 9-9 Calculating NPV and IRR [LO1, 5] A project that provides annual cash flows...
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Problem 9-9 Calculating NPV and IRR [LO1, 5] A project that provides annual cash flows of $16,700 for ten years costs $73,000 today. What is the NPV for the project if the required retum is 9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16.) At a required return of 9 percent, should the firm accept this project? Accept What is the NPV for the project if the required return is 21 percent? (A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and round your answer to 2 decimal places, e.9. 32.16.)
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