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Given the following set of cash flows, for a capital budgeting project, what is the Net Present Value (NPV) when k = 0%? Initial Investment

Given the following set of cash flows, for a capital budgeting project, what is the Net Present Value (NPV) when k = 0%? Initial Investment (I) = $20,000 CF1 = $5,500 CF2 = $6,125 CF3 = $8,625 CF4 = $6,750

a.$1,152.41

b.$7,000

c.$0.00

d.$27,000

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