A company requires a return of 12% on its investments, and is considering a project that requires an initial irvestment of $478,500 and will generate net cash flows of $206,000 per year for three years. The present value factor of an annuity for three years at 12% is 2.4018. Complete this question by entering your answers in the tabs below. Calculate the net present value of the new project. A company requires a return of 12% on its investments, and is considering a project thot requires an initial investment of $478,500 and will generate net cash flows of $206,000 per year for three years. The present value factor of an annuity for three years at 12% is 2.4018. Complete this question by entering your answers in the tabs below. Decide if the project should be accepted or rejected based on net present value. Docide if the peciect thould be accepted or rejected based on net present value