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291. Cooper Enterprises sells outdoor swimming pools and currently has an after-tax cost of capital of 12 percent. Reinhold's sells pool decks and has an

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291. Cooper Enterprises sells outdoor swimming pools and currently has an after-tax cost of capital of 12 percent. Reinhold's sells pool decks and has an after-tax cost of capital of 9 percent. Cooper Enterprises is considering adding pool decks as part of their sales lineup. They estimate that sales from these decks could become 15 percent of their overall sales. The initial cash outlay for this project is $75,000. The expected net cash inflows are $14,000 a year for eight years. What is the net present value of this project to Cooper Enterprises? A. -12,177.50 B. -$5,453.04 Q $2,487.47 D. $4,979.00 E. $14,110.59

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