Question $18$

$4$ pts

$($G$4$N$13)$ A project has an initial cost of $$70,000.$ And the present value of all its cash inflows at the $7\%$ cost of capital is $$120,000.$ What is the project's NPV and what decision should be made?

$$55,000$; accept

$$55,000$; decline

$$50,000$; decline

$$50,000$; accept