Question: Question 12 (10 points) A project has an initial cash outflow of $35,000 and produces cash inflows of $15,000, $17,000, and $14,000 for Years 1

 Question 12 (10 points) A project has an initial cash outflow

Question 12 (10 points) A project has an initial cash outflow of $35,000 and produces cash inflows of $15,000, $17,000, and $14,000 for Years 1 through 3, respectively. What is the NPV at a discount rate of 15%? Given the result, should we accept or reject the project and why

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