A Project Is Expected to Produce Cash Inflows of $6,500

question 4

Multiple Choice

A project is expected to produce cash inflows of $6,500 for three years. What is the maximum amount that can be spent on costs to initiate this project and still consider the project as acceptable, given an 11% discount rate?

• A) $15,884.15
• B) $15,897.97
• C) $15,900.00
• D) $15,967.39
• E) $19,500.00

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