Multiple Choice
What is the maximum that should be invested in a project at time zero if the inflows are estimated at $40,000 annually for three years, and the cost of capital is 9 percent?
A) $101,251.79
B) $109,200.00
C) $117,871.97
D) $130,800.00 0 = $40,000
Correct Answer:
Verified
Correct Answer:
Verified
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