Suppose Black Shetp Broadcasting Company is evaluating a proposed capital budgeting project (project Aphai) that wilf reguire an initial investraent of 4450,000 . The project is expected to generate the following net cash flows: Black Shenp Broadcasting Convary's weighted average cost of capitar is b\%, and project Alpha has the same risk as the firm's avirage project, Bused on the cach flows, what is project Npha's net present value (RapV)? 51,081,72951,036,657$901,4415451,441 Making the accept or reject decision Black 5heep Broadcasting Company's decsion to acopt or reject project Apha is ifrdependent of its decisonis on other projects: If the firm follows the NPY method, it should project Alpha Black Sheep Broadcasting Company's decision to accept or reject project Alpha is independent of its decisions on other projects, if the firm follows the NPV method, it-should project Alpha. Which of the followirg statements best explains what it means when a project has an NPV of 50 ? When a project has an NPV of $0, the project is earning a rate of return less than the project's weighted average cost of capital. It's OK to accept the project, as long as the project's profit is positive, When a project has an NPV of $0, the project is earning a profit of $0. A firm should reject any project with an NPV of 50 , because the project is not profitable. When a project has an NPV of 50 , the project is earning a rate of return equal to the project's weighted average cost of capital. It's ok to accept a project with an NoY of 50 , because the project is earning the required minimum rate of return