Question: Net Present Value. Your organization must decide on whether to accept a project that has been requested by the research and development department. The initial

 Net Present Value. Your organization must decide on whether to accept

Net Present Value. Your organization must decide on whether to accept a project that has been requested by the research and development department. The initial investment is $350,000. You have projected that the cash in-flows from the project will be $65,000 in years 1-3 and $85,000 in year 4-6, with a discount rate of 7%. Should the organization authorize the project to go ahead? Why or why not

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