A company is considering an iron ore extraction project which requires an initial investment of $500,000and will yield annual cash flows of $150,000 for 4 years. The company's hurdle rate is 9%. What is the NPV of the project? positive $14,000 negative $100,000 positive $100,000 negative $14,000 Which of tire following would be the best basis on whether to accept an investment opportunity or not? if it has positive total cash inflows if it has a payback period in less than 10 years if the investment's rate of return is higher than the company's current year required rate of return if the net present value is positive