Time Remaining 1 point When should a project be rejected? When the NPV is greater than $0 When the IRR is greater than the required rate of return When the Profitability Index (PI) is less than 1 When the Payback Period is shorter than the cut-off time 5 a 1 point Assume that a company is evaluating a project with the following cash flow: Time 0: $1.200 Time 1: $300 Time 2:-$250 Time 3: $400 Time 4: $450 Time 5: $500 What is the NPV of this project if the required rate of return is 8%? O $140.87 -$137.01 $147.97 $138.23