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An investment project has an initial cost of $47,800 and expected cash inflows of 517,000 $12.600.514.500 and $15.00 over Years 1 to 4, respectively. If

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An investment project has an initial cost of $47,800 and expected cash inflows of 517,000 $12.600.514.500 and $15.00 over Years 1 to 4, respectively. If the required rate of return is 10 percent, what is the net present value? Should you accept reject the project based on the NPV rule? a $2.786.62. reject b. 52.786.62. accept $3.172.92: accept d. 51.870.79: accept e. $1,870,79: reject

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