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Assume that the firm invests $93,000 today to get $24,000 at Year 1 (i.e. one year from now), $22,000 at Year 2, $26,000 at Year

Assume that the firm invests $93,000 today to get $24,000 at Year 1 (i.e. one year from now), $22,000 at Year 2, $26,000 at Year 3, $30,000 at Year 4, $22,500 at Year 5, $26,500 at Year 6. Whats the Net Present Value of this investment? Assume the Interest (discount) rate of 11.70%.

Group of answer choices

$10,628.72

$10,236.24

$9,316.35

$8,126.58

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