Based on the benefit-cost ratio (BCR) rule, should a project with the following cash flows...

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Finance

Based on the benefit-cost ratio (BCR) rule, should a project with the following cash flows be accepted if the discount rate is 8%?
Year
Cash Flow
0
-$18,600
1
$10,000
2
$7,300
3
$1,100
Why or why not?
Select one:
a. Yes; because the BCR is 0.989.
b. Yes; because the BCR is 0.881.
c. No; because the BCR is 0.989.
d. No; because the BCR is 0.881.

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