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Calculate the NPV for a project with an initial outflow of $12,000 followed an inflow of $6,000 year 1, $4,500 in year 2, $2,500 in

Calculate the NPV for a project with an initial outflow of $12,000 followed an inflow of $6,000 year 1, $4,500 in year 2, $2,500 in year 3 and $1,000 in year 4 at a cost of capital of 6%.

a.

-$556.50

b.

$556.95

c.

-$12,556.50

d.

$12,556.50

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