A Company Has the Following Net Cash Inflows

Multiple Choice

A company has the following net cash inflows. Today -$7000, Year 1 -$15 000, Year 2 -$9000, Year 3 + $12 000, Year 4 -$3000, Year 5 + $19 000. Compute the net present value if the required rate of return is 7.22% compounded annually.

A) -$4709.89
B) -$3000.00
C) -$7009.89
D) -$7409.89
E) $4709.89