A firm is considering an investment project with initial outlay of 1.3 million dollars, its cashflows will then all be positive $400,000, $300,000, $200,000, $500,000 at the end of year 1, 2, 3, and 4, respectively. If the discount rate is 10%, then the company

a. should reject the project because the net present value is positive. b. should accept the project because the net present value is positive c. should reject the project because the net present value is negative d. it should reject the project because the IRR is above 10% C & D