Question: Leonard, Inc. is considering a five -year project that has an initial after-tax outlay or after tax cost of $70,000. The future after tax cash

 Leonard, Inc. is considering a five -year project that has an

Leonard, Inc. is considering a five -year project that has an initial after-tax outlay or after tax cost of $70,000. The future after tax cash inflows from its project for years 1, 2, 3, 4 and 5 are all the same at $35,000 Leonard uses the net present value method and has a discount rate of 10%. Will Leonard accept the project? O A. Leonard accepts the project because the NPV is about $69,455 O B. Leonard rejects the project because the NPV is less than S33,021 O C. Leonard accepts the project because the NPV is about $62,678. O D. Leonard rejects the project because the NPV is about -$13,382

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