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Centurion Company Is Considering a Mineral Extraction Project Which Requires

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Centurion Company is considering a mineral extraction project which requires an initial investment of $2,000,000 and will yield annual cash flows of $300,000 for 8 years. Centurion has an 8% hurdle rate. What is the NPV of the project? Centurion Company is considering a mineral extraction project which requires an initial investment of $2,000,000 and will yield annual cash flows of $300,000 for 8 years. Centurion has an 8% hurdle rate. What is the NPV of the project?   A) Positive $275,900 B) Negative $275,900 C) Positive $103,184 D) Negative $240,000


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