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Efremic Edibles is thinking of opening a new location. Opening a new location requires an upfront cost of $94. (The dollar amounts are in thousands.)

Efremic Edibles is thinking of opening a new location. Opening a new location requires an upfront cost of $94. (The dollar amounts are in thousands.) They estimate that they can earn $25 per year for 6 years. If the managers at Efremic Edibles estimates that the WACC is 12%, what is the NPV of this investment? Selected Answer: b. $56.00 Answers a $8.79

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