Question Content Area Falkland, Inc., is considering the purchase of a patent that has a cost of $51,000 and an estimated revenue producing life of 4 years. Falkland has a cost of capital of 12%. The...

Falkland, Inc., is considering the purchase of a patent that has a cost of $51,000 and an estimated revenue producing life of 4 years. Falkland has a cost of capital of 12%. The patent is expected to generate the following amounts of annual income and cash flows:

A. What is the NPV of the investment?Round your present value factor to three decimal places and final answer to the nearest dollar.

$fill in the blank 1

B. What happens if the required rate of return increases?

If the required rate of return increases,

.