Suppose Black Sheep Brosdcasting Company is evaluating a proposed capital budgeting profect (project Alpha) that will require an initial investment of $500,000, The preject a expected to generate the following net cash fows: Black Sheep Brosdcasting Comparyy weighed averape cost of capital is 8%, and preject Alpha has the same risk as the firm's average project. Based on the cash flows, what is project Apha's net present value (NPV)? 51,021,539 $1,326,324 5979,023 5051,324 Making the accept or reject decision Meck Shecp brobscasting Company's decision to accept or reject project Apha is independent of its decisions on other projects. If the firm follews the NPV method, it should project Alpha. Which of the following statements best explains whot is means when a project has an torV of so? accept the project, as long as the projectio profic is posiove. When oproject has an Nerv of 30 , the project is esming a rate of return equal to the project's welohted averege cont of capital. It's OK to accept a project whi an f W of $0, because the project is earning the required minimum rate of return. project bo not profneble