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

a$.$ Using a discount rate of $10\%$ 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 $20\%?$

a$.$ Using a discount rate of $10\%,$ this project should be

$($Select from the drop$-$down menu.$)$

b$.$ Using a discount rate of $16\%,$ this project should be

$($Select from the drop$-$down menu.$)$

c$.$ Using a discount rate of $20\%,$ this project should be

$($Select from the drop$-$down menu.$)$

Data table

$($Click on the following icon in order to copy its contents into a spreadsheet.$)$

Initial cost: $$464,000$

Cash flow year one: $$129,000$

Cash flow year two: $$240,000$

Cash flow year three: $$186,000$

Cash flow year four: $$129,000$