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23. Consider a project with the net cash flows shown below. The cost of capital for the project is 9.5%. Year 0:($81,570) Years 1-6$12,950 per
23.
Consider a project with the net cash flows shown below. The cost of capital for the project is 9.5%.
- Year 0:($81,570)
- Years 1-6$12,950 per year
- Years 7-10$15,450 per year
What is the net present value (NPV) for the project?
Select one:
a. $0
b. $3,279.35
c. $4,387.87
d. $6,275.91
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