Multiple Choice
A project has an initial cash outlay of $16,500. Cash inflows are $5,200 in year 1, $6,800 in year 2, and $8,100 in year 3. What is the net present value if an 8.30% discount rate is applied to this
Project?
A) $333.33
B) $466.04
C) $475.88
D) $574.76
E) $601.13
Correct Answer:
Verified
Correct Answer:
Verified
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