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Zinc Corp is planning to purchase new machinery. The initial cash outlay is expected to be $40,000 and the required return on investment is 996.

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Zinc Corp is planning to purchase new machinery. The initial cash outlay is expected to be $40,000 and the required return on investment is 996. The cash flows for the next 3 years are $9,800, $11,720 and $9,640. Based on net present value (NPV) analysis, Zinc Corp should O accept the project as the NPV is $14,500. O reject the project as the NPV is 40,500 O reject the project as the NPV is $(13,700.84). O accept the project as the NPV is (28,900.25) accept the project as the NPV is $56,225

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