A hospitality company is evaluating building a new hotel in Bloomington (capital project) that management forecasts will generate $45,000 each year over its six (6) year life. If the required rate of return given the project's identified risks is 12% (percent), and the project's up front costs are estimated at $165,000, should management go forward with the project? (HINT: calculate the PV of the 6 year cash flows and compare it to the project's cost.) A. Management should approve the new hotel since the project's NPV is positive. O B. Management should reject the new hotel project as the project's NPV is negative. O C. Unable to determine given information