Nvda has a target capital structure of calling for 42.00 percent debt, 2.00 percent preferred stock, and 56.00 percent common equity (retained earnings plus common stock). Its before-tax cost of debt is 10.00 percent. The tax rate is 40.00%. Its cost of preferred stock is 12.46%. Its cost of common equity is 12.88%.

Suppose that Nvda has a project with an IRR of 12%. Should they ACCEPT or REJECT the project?