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A certain project will cost a firm $5,000 today. The project is not expected to produce any cash flows until the second year, at which

A certain project will cost a firm $5,000 today. The project is not expected to produce any cash flows until the second year, at which point it is expected to produce $6,200. No other cash flows are anticipated. If the appropriate cost of capital is15%, what is this project?s NPV? Round your answer to the nearest dollar

A.

+$391

B.

-$1,852

C.

-$312

D.

+$5,836

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