a. $59.65 A project needs an initial outlay of $2000 for equipment and will net a cash flow of $275 for the next 15 years. At the end of the 15th year, there is a Salvage Value of $1000 for the equipment. What is the NPV of the project if the cost of capital is 11.5% p.a. effective (to the nearest dollar)? Select one: a. -$95 b. $3125 c. $119 d. $1285