Multiple Choice
You are considering a project with an initial outlay of $12 million followed by 4 years of $4 million. What is the NPV if the discount rate is 8%?
A) $6,204,400
B) $1,248,400
C) $13,248,400
D) $ 18,204,400
Correct Answer:

Verified
Correct Answer:
Verified
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