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Should the Following Project Be Accepted If the Cost of Capital

question 70

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Should the following project be accepted if the cost of capital is 12%?
Initial Investment is $50,000
 Years  Cash Flars 1$25,0002$35,0003$55,000\begin{array} { | c | c | } \hline \text { Years } & \text { Cash Flars } \\\hline 1 & \$ 25,000 \\\hline 2 & \$ 35,000 \\\hline 3 & \$ 55,000 \\\hline\end{array}

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