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e31 A project has an initial cash outflow of $39,800 and produces cash inflows of $18,304, $19,516, and $14,280 for years 1 through 3, respectively.

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A project has an initial cash outflow of $39,800 and produces cash inflows of $18,304, $19,516, and $14,280 for years 1 through 3, respectively. What is the NPV at a discount rate of 11%? Multiple Choice $7,675.95 $2,97113 $1,208 19 Multiple Choice $7,675.95 $2,971.13 $-1,208.19 $1,311.16 $2,029.09

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