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A project will produce cash inflows of $1,750 a year for four years. The project initially costs $10,600 to get started. In year five, the

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A project will produce cash inflows of $1,750 a year for four years. The project initially costs $10,600 to get started. In year five, the project will be closed and as a result should produce a cash inflow of $8,500. What is the net present value of this project if the required rate of return is 14.75%? Multiple Choice -$5,474.76 $1,306.18 -$935.56 $1.011.40 $5,474.76

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