Swifty Inc. is contemplating a capital project with a cost of $152000. The project will generate net cash flows of $42000 for year 1, $51000 for year 2 and $65000 for year 3. The asset has a salvage value of $11000 and straight-line depreciation will be used. The company's required rate of return is 10%. Present Value PV of an Annuity Year of 1 at 10% of 1 at 10% 1 0.909 0.909 2 0.826 1.736 3 0.751 2.487 unacceptable because it earns a rate less than 10%. unacceptable because it has a zero NPV acceptable because it has a positive NPV. O acceptable because it has a return of greater than 10%. Save for Later Attempts: 0 of 1 used Submit Answer