Multiple Choice
Project B has a cost of $23 956 and its expected net cash flows are $6000 p.a.for the next five years.If the required rate of return is 10%,what is the net present value of the project?
A) $12 674.60
B) $1211.80
C) ($1950.77)
D) ($1211.80)
Correct Answer:
Verified
Correct Answer:
Verified
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