Bridgewater Fountains is considering expanding its current line of business and has developed the following expected...

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Finance

Bridgewater Fountains is considering expanding its current lineof business and has developed the following expected cash flows forthe project. Should this project be accepted if the required returnis 9.6 percent? Why or why not?
You must calculate NPV and IRR for each problem, using the NPVand IRR functions in the Excel spreadsheet program. Provide a basicdescription of the answers for each problem.
Year Cash Flow
0 -487,900
1 187,200
2 229,900
3 -27,300
4 246,800

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Bridgewater Fountains is considering expanding its current lineof business and has developed the following expected cash flows forthe project. Should this project be accepted if the required returnis 9.6 percent? Why or why not?You must calculate NPV and IRR for each problem, using the NPVand IRR functions in the Excel spreadsheet program. Provide a basicdescription of the answers for each problem.YearCash Flow0-487,9001187,2002229,9003-27,3004246,800