A project under consideration has a net present value of $5,000 for a required investment of $30,000. There are no other investment options at this time. However, the assumed discount rate used to calculate the net present value is 10%.

On the basis of this information alone, this project should

A. be rejected on the basis that the project loses $50,000.

B. probably be approved since the net present value is greater than zero.

C. definitely be rejected because $10,000 is only 17% of $60,000.

D. be accepted if the cost of capital is greater than or equal to 20 percent.