You Have Been Offered the Following Investment Opportunity: If You

Multiple Choice

You have been offered the following investment opportunity: if you pay $2500 today,you will receive $1000 at the end of each of the next three years.Assuming that you could otherwise earn 10% per year on your money,the net present value (NPV) for this opportunity is closest to:

A) $12
B) $18
C) -$13
D) $500
E) -$18