You Are Considering a Project with the Following Cash Flows

question 115

Multiple Choice

You are considering a project with the following cash flows: $$\begin{array} { | l | l | l | } \hline \text { Year 1 } & \text { Year 2 } & \text { Year 3 } \\\hline £ 5,600 & £ 9,000 & £ 2,000 \\\hline\end{array}$$ What is the present value of these cash flows,given an 11% discount rate?

• A)£8,695.61
• B)£8,700.89
• C)£13,732.41
• D)£13,812.03
• E)£19,928.16

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A powerful, highly addictive stimulant that affects the central nervous system, known for its use both medically and as a recreational drug.