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53. Ms. Card bought an investment that Will generate the following cash ows over a three-year period. Year 0 Year I fear 2 Taxable revenue

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53. Ms. Card bought an investment that Will generate the following cash ows over a three-year period. Year 0 Year I fear 2 Taxable revenue 42.000 56.000 80.000 Nontaxable revenue 6.000 8.500 9.000 Deductible expenses (20.000) (20.000) (25.000) If Ms. Card's marginal tax rate over the three year period is 40% and she uses a 6% discount rate, compute the NPV of the transaction. A. $94,129 B. $84,964 C. $62,373 D. None of the above

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