Question
16.Day Interiors is considering a project with an initial cost of $114,600. The project will produce cash inflows of $35,900, $50,800, and $45,000 over the
16.Day Interiors is considering a project with an initial cost of $114,600. The project will produce cash inflows of $35,900, $50,800, and $45,000 over the next three years, respectively. Given a required return of 10 percent, what is the net present value of this project?
A.-$6,171.00
B.-$3,481.37
C.$890.25
D.$2,706.59
E.$4,628.10
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
