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Help Save & Exit Submit Maud'Dib Intergalactic has a new project available on Arrakis. The cost of the project is $38,500 and it will provide

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Help Save & Exit Submit Maud'Dib Intergalactic has a new project available on Arrakis. The cost of the project is $38,500 and it will provide cash flows of $21,800, $27,800, and $27,700 over each of the next three years, respectively. Any cash earned in Arrakis is "blocked" and must be reinvested in the country for one year at an interest of 3 percent. The project has a required return of 9 percent. What is the project's NPV? 19:22 Multiple Choice $26,288.19 $34,218.64 $38,454.68

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