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13 Question 5 A project with an initial investment of $500,000 has the following CFs for seven years: Year 1: $100,000 Year 2: $90,000

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13 Question 5 A project with an initial investment of $500,000 has the following CFs for seven years: Year 1: $100,000 Year 2: $90,000 Year 3: $120,000 Year 4: $80,000 Year 5: $100,000 Year 6: $100,000 Year 7: $100,000 Assuming an interest rate of 5%, what is the NPV of this project? O $86,411.35 O $80,067.75 O $70,389.75 O $90,127.63

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