Multiple Choice
ZPS Models is considering a project that has a NINV of $564,000 and generates net cash flows of $105,000 per year for 10 years. What is the NPV of this project if ZPS has a cost of capital of 12.45%?
A) $47,625
B) $18,503
C) $17,490
D) None of these are correct
Correct Answer:

Verified
Correct Answer:
Verified
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