Stomberg Corporation Has Provided the Following Data Concerning an Investment

question 287

Multiple Choice

Stomberg Corporation has provided the following data concerning an investment project that it is considering: Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.The life of the project is 4 years. The company's discount rate is 10%. The net present value of the project is closest to:

• A) $184,000
• B) $579,982
• C) $29,982
• D) $20,420

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