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A project has an initial cash outflow of $26,800 and produces cash inflows of $8,304, $12,516, $18,240, and $10,390 for years 1 through 4, respectively.
A project has an initial cash outflow of $26,800 and produces cash inflows of $8,304, $12,516, $18,240, and $10,390 for years 1 through 4, respectively. What is the NPV at a discount rate of 12 percent?
a.
$8,312.46 |
b.
$10,177.87 |
c.
$12,029.09 |
d.
-$1,208.19 |
e.
$7,675.95 |
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