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36 USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 36-37 ABC Industries is considering a project that has the following cash flows: Year Cash Flow 0

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USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 36-37 ABC Industries is considering a project that has the following cash flows: Year Cash Flow 0 -51,000 1 10,000 2 25,000 3 15,000 4 25,000 5 36,000 The project has a payback period of 3.5 years. The firm's cost of capital is 17%. 36. The project's net present value (NPV) is $ a. 14,936.66 b. 18,331.85 c. 14.024.44 d. 12,455.91 e. 15,848.88

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