As investment project has only the following cash flows: initial cash outflow is 2,000,000, cash flow from year 1 through year 8 is 400,000 each (i.e. cash inflow year 1 400,000, cash inflow in year 2 is 400,000, etc)

If the required rate of return is 12%, what decision should be made using NPV?

A. Reject; the NPV is -$6,433

B. Accept; thee NPV is $12,944

C. Accept; the NPV is $6,433

D. Reject; the NPV is -$12,944