Among the four proposals in Problem 2, what is the greatest numerical value for the net present value (NPV)? Write your answer as a dollar figure with two decimals. Thus, for example, if the proposals have NPV equal to $1234.56, $2345.67, $3456.78, and $4567.89, then your answer would be 4567.89 (do not include the $ symbol; just write the numerical value). Also, do not include the comma separating the thousands in your answer; that is, you would write 4567.89 instead of 4,567.89.

Problem 2 - Concession Stand 15% PB IRRI NPV Project Incremental Cash Flows Investment Year 1 Year 2 Year 3 (50.000) 2.12 1. Update Existing Equipment Sum of CFs 23.000 (27,000) 24.000 (3,000) 25.000 22.000 2. Add a New Window Sum of CFs (75,000 44,000 46,000 48,000 3. Build a New Stand Sum of CFs (125,000) 70,000 73,500 77,000 4. Rent a Larger Stand Sum of CFs (15,000) 12,000 12,000 12,000