This is a two-part question.

First Part: A magazine publisher wants to launch a new magazine geared to college students. The project's initial investment is $68. The project's cash flows that come in at the end of each year are $21 for 6 consecutive years beginning one year from today. What is the project's NPV if the required rate of return is 12%? Answer #1:

Second Part Based upon the NPV decision rule, should the company accept or reject the project? Answer #2:(Accept or Reject)