Project B Has a Cost of $23 956 and Its

question 9

Multiple Choice

Project B has a cost of $23 956 and its expected net cash flows are $6000 p.a.for the next five years.If the required rate of return is 10%,what is the net present value of the project?

• A)$12 674.60
• B)$1211.80
• C)($1950.77)
• D)($1211.80)

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