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Design Quilters is considering a project with the following cash flows: Initial Outlay = $126,000 Cash Flows: Year 1 = $44,000 Year 2 = $59,000
Design Quilters is considering a project with the following cash flows:
Initial Outlay = $126,000
Cash Flows: | Year 1 = $44,000 |
| Year 2 = $59,000 |
| Year 3 = $64,000 |
If the appropriate discount rate is 11.5%, compute the NPV of this project.
A. $14,947
B. $41,000
C. $2,892
D.$7,089
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