estimated net present value of a project to be 1.4 million, the internal rate of return to be 12%, and the payback period to be 2.34 years.

should the company recommend that the capital project be accepted?

Yes, because the net present value is greater than zero.

No, because the internal rate of return is not greater than 15%

Yes, because the payback perd is less than 4 years.

Yes, because the internal rate of return is less than 15%.

No, because the payback period is not less than 2 years.