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14. A project costs $55,000, will be depreciated straight-line to zero over its 3 year life, and will require a net working capital investment of

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14. A project costs $55,000, will be depreciated straight-line to zero over its 3 year life, and will require a net working capital investment of $500 up-front (which will be recovered at the end of project's life). The project has a required return of 1 i%. The project generates OCF of$25,000/year. What is the project's NPV? A) $7,897.76 B) $ 5,958.46 C) s 1,085.87 D) 895.45

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