Net present value. Quark Industries has a project with the following projected cash flows. IZA a. Using a discount rate of 9% 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 17% ? c. Should the company accept or reject it using a discount rate of 21% ? Data table (Click on the following icon 6 , in order to copy its contents into a spreadsheet) Initial cost $260,000 Cash flow year one: $28,000 Cash flow year two: $72,000 Cash flow year three $150,000 Cash flow year four $150,000