Use the Table for the Question(s)below

question 79

Multiple Choice

Use the table for the question(s) below.
Consider a project with the following cash flows:

-If the appropriate discount rate for this project is 15%,then the net present value (NPV) is closest to:

• A)$6000
• B)-$867
• C)$1420
• D)$867
• E)$3431

---

Definitions:

Courts

The governmental institutions authorized to adjudicate legal disputes, interpret laws, and administer justice in society.

Long-arm Statutes

refer to laws that allow for the service of process beyond a state's borders to non-resident defendants under specific circumstances.

Minimum Contacts

A legal principle that determines the ability of a court to exercise jurisdiction over parties based on their connection to the location where the court is established.

Jurisdiction

The official power to make legal decisions and judgments, often within a specific geographic area or over certain types of legal cases.