A project manager wants to invest in a project with an initial cost of $58,500 and cash flows of $32,400 and $38,500 in Years 1 and 2. The managers employer requires a return rate of 10 percent. Will the project be approved? A) Yes; because the NPV is positive. B) Yes; because the present value is positive. C) Yes; because the sum of cash flows is positive. D) No; because the project does not meet the return requirement.