A Proposed 3-Year Project Has Expected Annual Cash Inflows of $5,600,$7,900,and

question 61

Multiple Choice

A proposed 3-year project has expected annual cash inflows of $5,600,$7,900,and $11,200,for Years 1 to 3,respectively.What is the net present value of this project at a discount rate of 16 percent if the initial cost is $7,800?

• A)$10,713.62
• B)$10,073.94
• C)$14,103.18
• D)$12,292.25
• E)$9,899.36

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