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(Ignore income taxes in this problem.) The discount rate is 1%. Your Corporation is considering an investment project that will require an initial investment of

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(Ignore income taxes in this problem.) The discount rate is 1%. Your Corporation is considering an investment project that will require an initial investment of $15,000 and will generate the following net cash inflows in each of the three years of the project: Year 1 Year 3 Year 7 Cash inflows.......... $8,000 $7,000 $9,000 Cash outflows..... $0 $0 $2,500 What is the net present value for this project? $4,722 O $5,670 O $5,782 $4,890 $5,092

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