Question $17$

JVA corporation is considering investing in a new project with the estimated cash flows shown below. Compute the NPV for the project and recommend whether the firm should accept or reject it$.$ The required cost of capital is $8\%.$

$\backslash$table$[[$Time$,0,1,2,3],[$Cash Flow,$-100,20,40,68]]$

$-$$$1\mathrm{.}06,$ Reject

$$4\mathrm{.}55,$ Accept

$$6\mathrm{.}79,$ Accept

$$4\mathrm{.}21,$ Accept