QUESTION 20 What is the NPV of the new machine project? The project would require an initial investment in equipment of $67,000 and would last for either 3 years or in 4 years (the date when the project ends will not be known until it happens and that will be when the equipment stops working in either 3 years from today or 4 years from today). Annual operating cash flows of $21,000 per year are expected each year until the project ends in either 3 years or 4 years. In 1 year, the project is expected to have an after-tax terminal value of $45.000. The cost of capital for this project is 14.5 percent a. -59,358 (plus or minus $100) b. $18,652 (plus or minus 5100) C-512,133 (plus or minus 5100) d. 56,434 plus or minus $100) e. None of the above is within $100 of the correct