Compute the NPV Statistic for Project U Given the Following

Multiple Choice

Compute the NPV statistic for Project U given the following cash flows and if the appropriate cost of capital is 9 percent.Project U $$\begin{array} { | r | l | l | l | l | l | l | } \hline \text { Time } & 0 & 1 & 2 & 3 & 4 & 5 \\\hline \text { Cash Flow } & - \$ 1,000 & \$ 350 & \$ 1,480 & - \$ 520 & \$ 400 & - \$ 100 \\\hline\end{array}$$

A) $201.69
B) $273.82
C) $383.63
D) $397.21