Your firm is considering a project with the following cash flows. The firm has a weighted average cost of capital of 8%. Which of the following statements is true about the firm's project selection using net present value? Year CF 0 $1,000,000 1 $500,000 2 $250,000 3 $400,000 4 $50,000 5 -$300,000 The project has an NPV of $172,592.90, and the firm should accept the project. The project's NPV is 3.14 years, and the firm should accept the project. The project has an NPV of $172,592.90, and the firm should reject the project. None of the Above Which of the following metrics tells the firm how long it takes to earn the initial cash outflow back? IRR O MIRR O NPV None of the above