Consider a project that requires an initial investment of $6000. Over the next four years, cash inflows will be $1000, $2000, $3000 and $4000 respectively. Should the project be accepted if the discount rate is 10%? No, because the profitability index is less than 1 Yes, because the NPV is $1548 Yes, because the NPV is $1245 No, because the IRR is less than the cost of capital Yes, because the NPV is $1489