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NPV Calculate the net present value (NPV) for a 10-year project with an initial investment of $45,000 and a cash inflow of $8,000 per year.

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NPV Calculate the net present value (NPV) for a 10-year project with an initial investment of $45,000 and a cash inflow of $8,000 per year. Assume that the firm has an opportunity cost of 16%. Comment on the acceptability of the project. The project's net present value is $ (Round to the nearest cent.) Is the project acceptable? (Select the best answer below.) O Yes O No

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