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If the cash flows for project A are C 0 = 3 , 4 0 0 C 0 = 3 , 4 0 0 ,

If the cash flows for project A are C0=3,400
C
0
=
3,400
, C1=700
C
1
=
700
; C2=1,700
C
2
=
1,700
; and C3=5,400
C
3
=
5,400
, calculate the NPV of the project using a 15 percent discount rate.
Multiple Choice
$2,045
$5,400
$2,540
$3,389

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