Question: Present Values of Cash Inflows City View Restaurant is about to open at a new location. Operating plans indicate the following expected cash flows:
![2175_Outflows.png](https://secure.tutorsglobe.com/CMSImages/2175_Outflows.png)
1. Compute the NPV for all these cash flows. This should be a single amount. Use a discount rate of 14%.
2. Suppose the required rate was 12%. Without further calculations, determine whether the NPV is positive or negative. Explain.