A company can purchase a piece of equipment for $4,380. The equipment has a three-year life and will produce cash inflows of $1,400 in each of the first and second years and $3,220 in the third year. Assuming a required return of 15.00%, what is the project's NPV today?

Question 30 options:

	$11.88
	$12.21
	$12.53
	$12.86
	$13.19