(Solved): Dax Company is considering an investment with the following information. Required: a. Compute the n ...

Dax Company is considering an investment with the following information. Required: a. Compute the net present value of the investment. Required rate of return: $12\%$ b. Determine whether the project should be accepted or rejected on the basis of net present value, Determine whether the project should be accepted or rejected on the basis of net present value. Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to sho Nothing in this area will be graded, but it will be submitted with your assignment.