Paradigm toys is considering a project. The required initial investment of the project is $100,000. The life of the project is five years, and the company is expecting to make $20,000 for years 1 through 4 and $20,010 for year 5. The cost of capital is 12% based on the is information, the company decides not to take the project

Why is this the case?

Because the IRR of the project is less than $100,000

Because the IRR of the project is negative

Because the NVP of the project is less than $100,000

Because the NVP of the Project is negative