Multiple Choice
Which of the following projects has the highest net present value? (Assume the interest rate per year is 10 percent.)
A) $1,000 invested today results in cash inflow next year of $2,100
B) $1,000 invested today results in cash inflow next year of $2,200
C) $1,500 invested today results in cash inflow next year of $2,600
D) $1,500 invested today results in cash inflow next year of $2,700
Correct Answer:
Verified
Correct Answer:
Verified
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