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7 Eastern Express is considering a project with an initial investment of $118,400 Clyde, the general manager, estimates the proj generate of $76,900 a year

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7 Eastern Express is considering a project with an initial investment of $118,400 Clyde, the general manager, estimates the proj generate of $76,900 a year for the next 3 years. How much value will this project add to firm if the required rate of return is 15.4 percent? A) -$56,021.86 B) $51,406.19 C) $69,008.74 D) $56,021.86 E) S38,117.13

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