You calculate the net present value (NPV) for a project your firm is considering. Using a 12% discount rate, the NPV is $600,000. The cost of the project is $1,200,000. What decision do you make? Reject because the NPV should be negative. Reject because the NPV is less than the cost of the project. None of these are correct. Accept because $600,000 divided by $1,200,000 is 50%, which is greater than the discount rate. Accept because the NPV is greater than $0