NPV and maximum return A firm can purchase new equipment for $18,000 that generates an annual cash inflow of $4,000 for 7 years. a. Determine the net present value (NPV) of the asset, assuming that the firm has a cost of capital of 13%. Is the project acceptable? b. Determine the maximum required rate of return that the firm can have and still accept the asset. C a. The net present value (NPV) of the new equipment is $. (Round to the nearest cent.) Based on its NPV, is the new equipment acceptable? (Select the best answer below.) O No O Yes b. The maximum required rate of return the firm can have and still accept the new equipment is%. (Round to two decimal places.)