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A project will produce an operating cash flow of $7.300 a year for three years. The initial cash outlay for equipment will be $11,600. The

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A project will produce an operating cash flow of $7.300 a year for three years. The initial cash outlay for equipment will be $11,600. The net after-tax salvage value of $3,500 will be received att project. The project requires $800 of net working capital that will be fully recovered. What is the net present value of the project if the required rate of return is 11 percent? $7.398.29 $8.583.24 $9.353.41 $9.896.87 $8,368.19

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