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Calvet Inc. costs $75,000 and is expected to generate $45,000 in year one and $55,000 in year two. Calvet, Inc.'s discount rate for this project

Calvet Inc. costs $75,000 and is expected to generate $45,000 in year one and $55,000 in year two. Calvet, Inc.'s discount rate for this project is 8%. What is the NPV for Calvet Inc.? Round to the nearest dollar amount.

A. $75,000

B. $15,320

C. $20,000

D. $13,820

E. None of these.

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