Question
Given the following table Project A Project B Project C Project D Initial Investment ($50,000) ($100,000) ($80,000) ($180,000) Year 1 20,000 35,000 20,000 100,000 Year
Given the following table
|
| Project A | Project B | Project C | Project D |
| Initial Investment | ($50,000) | ($100,000) | ($80,000) | ($180,000) |
| Year 1 | 20,000 | 35,000 | 20,000 | 100,000 |
| Year 2 | 20,000 | 50,000 | 40,000 | 80,000 |
| Year 3 | 20,000 | 50,000 | 60,000 | 60,000 |
| Required return = | 15% | 15% | 15% | 15% |
What is the NPV for Project C?
Group of answer choices
-$4,335.50
$7,088.02
$6,898.99
-$4,335.50
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Financial Management
Authors: I.M. Pandey
11th Edition
9325982293, 978-9325982291
