Multiple Choice
What is the net present value of a project that has an initial cash outflow of $18,900 and the following cash inflows? The required return is 13.25 percent.
A) ($4,847.47)
B) ($3,840.60)
C) ($2,636.21)
D) $3,109.16
E) $4,052.53
Correct Answer:

Verified
Correct Answer:
Verified
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