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3) XX has a new greenhouse project with an initial cost of $286,300 that is expected to generate cash flows of S47,900 for 7 years

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3) XX has a new greenhouse project with an initial cost of $286,300 that is expected to generate cash flows of S47,900 for 7 years and a cash flow of S63,300 in Year 8. If the required return is 8.7 percent, what is the project's NPV? A. $94,700 B. S67,900 C. -$18,200 D. $14,270 E. -$10,300 86304 4790 0 2455244-5 G 3300

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