(NPV

calculation)

Calculate the NPV given the following free cash flows,

LOADING...

, if the appropriate required rate of return is

16

percent. Should the project be accepted?What is the project's

NPV?

$nothing

(Round to the nearest cent.)

Should the project be accepted?(Select the best choice below.)

A.

No, the project should be rejected because its NPV is $17,960.38.

B.

Yes, the project should be accepted because its NPV is $17,960.38.

C.

Yes, the project should be accepted because its NPV is $10,305.38.

D.

No, the project should be rejected because its NPV is $10,305.38.

Click to select your answer(s).

Save for Later

Data Table

(Click on the following icon

in order to copy its contents into a spreadsheet.)

YEAR	CASH FLOWS
0	$80,000
1	35,000
2	35,000
3	35,000
4	35,000
5	35,000
6	35,000