NPV Calculate the net present value $($NPV$)$ for a $15-$year project with an initial investment

of $$1,000,000$ and a cash inflow of $$150,000$ per year. The cost of capital is $9\%.$ Comment

on the acceptability of the project.

The project's net present value is $

$($Round to the nearest cent.$)$

Is the project acceptable? $($Select the best answer below.$)$

Yes

No