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The initial investment of $50,000 is projected to generate cash flows over a three-year project life as follows: Year Cash Flow Probability of Occurrence +$25,000

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The initial investment of $50,000 is projected to generate cash flows over a three-year project life as follows: Year Cash Flow Probability of Occurrence +$25,000 0.40 1 1 +$18,000 0.60 +$30,000 0.50 2 +$20,000 0.50 +$35,000 0.70 3 +$25,000 0.30 Evaluate the expected NPV of this investment for a minimum rate of return of 15%. Do you accept this project

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