I got a negative NPV.  Is this what everyone else is getting?

[NEAS: In practice, the expected NPV of projects is zero.  Firms have some projects with positive NPV's and some with negative NPV's.  The final exam problems often have negative NPV's.]

The crux of the homework is distinguishing between nominal and real cash flows/discount rates.

The cash flows given are nominal. Thus, we use the nominal discount rate and obtain a negative answer.

[NEAS: Correct]