Consider the following sequence of cash flows for a proposed capital budgeting project:

What is the net present value $($NPV$)$ of this proposed project assuming a hurdle rate of

$7\mathrm{.}00\%?$

$$787\mathrm{.}48$

It is not possible to calculate an NPV as the project's internal rate of return $($IRR$)$ exceeds its hurdle

rate.

$$842\mathrm{.}61$

$$838\mathrm{.}74$