Question 30 Splish Brothers is contemplating a capital project costing $38807. The project will provide annual cost savings of $15000 for 3 years and have a salvage value of $2000. The company's required rate of return is 10%. The company uses straight-line depreciation. Year Present Value PV of an Annuity 1 at 10% oft 10% 909 .909 1.736 .751 2.487 826 This project is unacceptable because it has a negative NPV. acceptable because it has a positive NPV unacceptable because it earns a rate less than 10% acceptable because it has rero NPV