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An investment that costs $35,500 will produce annual cash flows of $11,870 for a period of 4 years. Given a desired rate of return of
An investment that costs $35,500 will produce annual cash flows of $11,870 for a period of 4 years. Given a desired rate of return of 10%, the investment will generate a (Do not round your PV factors and intermediate calculations. Round your answer to the nearest whole dollar.):
A. positive net present value of $2,126.
B. negative net present value of $37,626.
C. negative net present value of $2,126.
D. positive net present value of $37,626.
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