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7. A project will cost GBP 1,000 initially, and is expected to return GBP 500 in year 1, GBP 400 in year 2, GBP

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7. A project will cost GBP 1,000 initially, and is expected to return GBP 500 in year 1, GBP 400 in year 2, GBP 300 in year 3, GBP 100 in year 4, and nothing thereafter. What is the project's NPV if the appropriate cost of capital is 10%? Round your answer to the nearest pound. 79 182 1,079 2,079 None of the above

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