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Kingsolver Corporation has provided the following data concerning an investment project that it is considering: Initial investment $450,000 Working capital $16,000 Annual cash flow $133,000

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Kingsolver Corporation has provided the following data concerning an investment project that it is considering: Initial investment $450,000 Working capital $16,000 Annual cash flow $133,000 per year Salvage value at the end of the project $6,000 Expected life of the project 3 years Discount rate 8% Use Excel or a financial calculator to solve. The working capital would be released for use elsewhere at the end of the project. The net present value of the project is closest to O ($51.000) ($89.791) O ($118,495) ($105,791)

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