Multiple Choice
What is the NPV of a project that required a net investment of $500,000 and produced net cash flows of $150,000 per year for 5 years and $110,000 for the next 5 years? Assume the cost of capital is 14%.
A) $211,080
B) $392,580
C) $588,710
D) $160,920
Correct Answer:

Verified
Correct Answer:
Verified
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