A Project Under Consideration Currently Has a Negative Net Present

question 4

Multiple Choice

A project under consideration currently has a negative net present value of $11,600 using a 6% rate of return and an estimated 4-year life.What must be the minimum present value of the soft benefits of this project in order to make it acceptable? (Round the answer to nearest whole dollar.)

• A)$12,296
• B)$40,195
• C)$9,188
• D)$3,348

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