2)

An investment project has expected cash flows as shown below. The tequired rate of return tor the proped a 14 ch What is the project's net present value (NPV)? Assume that the cash flows alte year O occos at the end de easi yes Year 0 cash llow =91,000 Year 1 cash 1 low =24,000 Year 2 cash llow =51,000 Year 3 cash flow =41,000 Year 4 cash llow =44,000 Year 5 cash llow =15,000 a. 60465.46 b. 29978.73 c. 85409.73 d. 28281.82 e. 120644.45 1.35917.91