Multiple Choice
Project K has a cost of $52 125 and its expected net cash flows are $12 000 p.a.for eight years.If the required rate of return is 12% p.a. ,what is the net present value?
A) $38 307
B) $7486
C) ($7486)
D) ($38 307)
Correct Answer:
Verified
Correct Answer:
Verified
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