You are considering a project that requires an initial investment of $98,000 with a cost of capital of 15%. You expect the project to have a five-year life, and produce cash flows of $19,000 in year 1, $32,000 in year 2, $64,000 in year 3, $26,000 in year 4 and $10,000 in year 5.
What is this project’s net present value?
A. $3,172
B. $ 5,029
C.$7,076
D. $4,637
You are considering a project that requires an initial investment of $98,000 with a cost of...
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