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A project is projected to cost $15,000 to undertake. It will have the following cash infows: Year 1 - 3,700 Year 2- 5,800 Year 4-11,250.

A project is projected to cost $15,000 to undertake. It will have the following cash infows: Year 1 - 3,700 Year 2- 5,800 Year 4-11,250. What is the projects NPV, given a 14% required rate of return?

Select one:

a.

0

b.

$630.57

c.

$301.96

d.

-$301.96

e.

-$630.57

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