Multiple Choice
A company buys equipment for $15 000 today and has annual net cash inflows of $6000 for 3 years. The discount rate is 12% compounded annually. What is the Net Present Value (NPV) ?
A) -$525.90
B) $552.90
C) $992.50
D) $652.90
E) -$652.90
Correct Answer:
Verified
Correct Answer:
Verified
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