Multiple Choice
A project has a required return of 12.6 percent, an initial cash outflow of $42,100, and cash inflows of $16,500 in Year 1, $11,700 in Year 2, and $10,400 in Year 4. What is the net present value?
A) −$11,748.69
B) −$10,933.52
C) −$11,208.62
D) −$10,457.09
E) −$12,006.13
Correct Answer:
Verified
Correct Answer:
Verified
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