What Is the Net Present Value of a Project with the Following

question 21

Multiple Choice

What is the net present value of a project with the following cash flows if the discount rate is 13.6 percent? $$\begin{array} { | c | r | } \hline \text { Year } & \text { Cash Flow } \\\hline 0 & - \$ 63,600 \\\hline 1 & 18,200 \\\hline 2 & 34,500 \\\hline 3 & 35,900 \\\hline\end{array}$$

• A)$406.11
• B)$3,643.38
• C)$3,207.20
• D)-$1,407.92
• E)-$5,433.67