For the following set of cash flows,

Year	Cash Flow
0	$6,500
1	5,900
2	6,900
3	3,800

Required:
(a)	What is the NPV at a discount rate of 0 percent?
	(Click to select) $10,100.00 $9,797 $10,605 $10,403 $9,595

(b)	What is the NPV at a discount rate of 11 percent?
	(Click to select) $7,409.86 $7,553.74 $7,194.04 $6,978.22 $6,834.34

(c)	What is the NPV at a discount rate of 18 percent?
	(Click to select) $5,768.27 $5,698.89 $6,056.68 $5,941.32 $5,479.86

(d)	What is the NPV at a discount rate of 23 percent?
	(Click to select) $5,144.56 $5,046.57 $4,752.6 $4,654.6 $4,899.58