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A standard investment project has an initial investment of $100 and offers only one cash flow of $200 at the end of year 4. The

A standard investment project has an initial investment of $100 and offers only one cash flow of $200 at the end of year 4. The project's required rate of return is 12.5% Which of the following comes closest to the net present value (NPV) of this project?

A.

NPV = $88.88

B.

NPV = $44.44

C.

NPV = $24.86

D.

NPV = $22.22

E.

NPV = $11.11

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