Quark Industries has a project with the following projected cash flows: Initial Cost, Year 0: $240,000 Cash flow year one: $25,000 Cash flow year two: $75,000 Cash flow year three: $150,000 Cash flow year four: $150,000

Using a 10% discount rate for this project and the NPV model, determine whether the company should accept or reject this project?

Should the company accept or reject it using a 15% discount rate?

Should the company accept or reject it using a 20% discount rate?