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A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$500,000 1 $300,000 2 $300,000 3 $200,000 4 $100,000

A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$500,000 1 $300,000 2 $300,000 3 $200,000 4 $100,000 What is the projects net present value (NPV) at a 12% required rate of return?

Group of answer choices $212,923 $200,373 $225,868 $276,475

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