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Halpern, Inc. is considering a project that will cost $2 million and generate a cash flow of $560,000 at the end of each of the
Halpern, Inc. is considering a project that will cost $2 million and generate a cash flow of $560,000 at the end of each of the next 5 years. The project's cost of capital is 12%. What is the company's NPV?
A) ($1,983,326)
B) $16,674
C) $18,675
D) $2,018,675
E) None of the above
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