Capital Budgeting Techniques for Net Present Value (NPV): A company is evaluating an investment project with an initial cost of $200,000 and expected cash flows of $50,000 per year for the next 5 years. If the company's required rate of return is 10%, calculate the project's net present value (NPV) and determine whether the project should be accepted or rejected based on this analysis. Discuss the advantages and limitations of NPV as a capital budgeting technique in investment appraisal.