A project costs $ 158,000 today (at t = 0) and is expected to generate cash flows of $11,000 per year for the next 20 years (t =1 to t = 20). The net present value of the project is - $ 50,000. The firm has a cost of capital of 8 percent. Should this project be accepted, and why? O No, the project should be rejected since it has a PI = 0.68 No, the project should be rejected since it has a PI = 0.82 Yes, the project should be accepted since it has a PI - 1.122 Yes, the project should be accepted since it has a PI - 1.05