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18- ABC company has determined that the appropriate discount rate (k) for their project is 10%. If the after-tax cash flows for their project will

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18- ABC company has determined that the appropriate discount rate (k) for their project is 10%. If the after-tax cash flows for their project will be $10,000; $15,000: $20,000, respectively, for each of the Years 1 through 3. The initial cash outflow ICO will be $35,000. Calculate the NPV: (PVIF 10%,1)=0.9091 (PVIF10%,2)= 0.8264 (PVIF10%,3)= 0.7513* 36,513 + $71,513 0 - $1,513 None of the above

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