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Project X has cashflows of $ 1 1 , 4 0 0 in year 0 , - 2 , 5 0 0 , - 2

Project X has cashflows of $11,400 in year 0,-2,500,-2,500,-2,500 and -9,500 in years 1,2,3,4, respectively. What is the net present value of the following cash flows if the relevant discount rate is 5.75 percent?a.$1,232.68b.$1,482.15c.$507.19d.$1,211.40e.$1,402.02

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