Dul Corporation Has Provided the Following Data Concerning an Investment

question 74

Multiple Choice

Dul Corporation has provided the following data concerning an investment project that it is considering: The working capital would be released for use elsewhere at the end of the project in 3 years. The company's discount rate is 7%. The net present value of the project is closest to:

• A)($61,872)
• B)($9,648)
• C)$10,000
• D)$54,352

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