Multiple Choice
What is the net present value of a project that has an initial cash outflow of $7,670 and cash inflows of $1,280 in Year 1,$6,980 in Year 3,and $2,750 in Year 4? The discount rate is 12.5 percent.
A) $86.87
B) $270.16
C) $68.20
D) $249.65
E) $371.02
Correct Answer:
Verified
Correct Answer:
Verified
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