Net present value. Lepton Industries has a project with the following projected cash flows:

Using a discount rate of 12% for this project and the NPV model, determine whether the company should accept or reject this project.

b. Should the company accept or reject it using a discount rate of 16%?

c. Should the company accept or reject it using a discount rate of 20%?

Initial cost: $468,000

Cash flow year one: $130,000

Cash flow year two: $240,000

Cash flow year three: $190,000

Cash flow year four: $130,000

A. Using a discount rate of 12%, this project should be (accepted or rejected)?

B. Using a discount rate of 16%, this project should be (accepted or rejected)?

C. Using a discount rate of 20%, this project should be (accepted or rejected)?