This question relates to the Quiz 6.4 diagram, which shows the NPV profile for Project Z. Project Z is an independent project and the firm as sufficient capital to undertake all projects under consideration. If the cost of capital is 2%, is this project acceptable, and why/why not? Question 3Answer a. No, because the NPV of the project is negative. b. Yes, it is acceptable for all costs of capital less than 6% and greater than 13%. c. No, because the project is only acceptable if the cost of capital is 10%. d. It depends on whether the project is better than alternative projects the firm could undertake