Multiple Choice
A project requires an initial investment of $21,600 and will produce cash inflows of $4,900,$14,200,and $8,700 over the next three years,respectively.What is the project's NPV at a required return of 14 percent?
A) -$287.22
B) -$503.06
C) $6,200.00
D) $21,096.94
E) $42,696.94
Correct Answer:
Verified
Correct Answer:
Verified
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