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Net present value. Lepton Industries has a project with the following projected cash flows: Initial cost: $460,000 Cash flow year one: $134,000 Cash flow year

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Net present value. Lepton Industries has a project with the following projected cash flows: Initial cost: $460,000 Cash flow year one: $134,000 Cash flow year two: $220,000 Cash flow year three: $187,000 Cash flow year four: $134,000 a. Using a discount rate of 12% for this project and the NPV model, determine whether the company should accept or reject this project. b. Should the company accept or reject it using a discount rate of 15%? c. Should the company accept or reject it using a discount rate of 18%? a. Using a discount rate of 12%, this project should be rejected (Select from the drop-down menu.) b. Using a discount rate of 15%, this project should be rejected (Select from the drop-down menu.) c. Using a discount rate of 18%, this project should be rejected (Select from the drop-down menu.)

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