Multiple Choice
For a project with an initial investment of $40,000 and cash inflows of $11,000 a year for five years, calculate NPV given a required return of 11.65%.
A) -$1,205
B) -$1,103
C) -$1.23
D) $567
E) $1,218
Correct Answer:
Verified
Correct Answer:
Verified
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