A Certain Project Will Cost $50,000 and Is Expected to Produce

question 40

Multiple Choice

A certain project will cost $50,000 and is expected to produce cash flows of $15,563 for the next seven years. The appropriate cost of capital is 15%. Calculate the project's NPV, rounding
Your answer to the nearest dollar.

• A)+$58,941
• B)+$14,748
• C)-$36,467
• D)+$64,748

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