What Is the Net Present Value of a Project with the Following

Multiple Choice

What is the net present value of a project with the following cash flows if the discount rate is 13.6 percent? $$\begin{array} { | c | r | } \hline \text { Year } & \text { Cash Flow } \\\hline 0 & - \$ 63,600 \\\hline 1 & 18,200 \\\hline 2 & 34,500 \\\hline 3 & 35,900 \\\hline\end{array}$$

A) $406.11
B) $3,643.38
C) $3,207.20
D) -$1,407.92
E) -$5,433.67