Question 21 1 pt Chainsaw Beauty Salons, Inc. is considering improving the image of the company by purchasing new equipment. The project has a cost of $125,000, and is expected to generate net cash flows of $20,000 per year for 9 years. If Chainsaw's cost of capital (discount rate) is 12%, the Net Present Value (NPV) of the project is approximately: $106,564 $55,000 -$ 18,435 -$19,833 -$5,049 Next > Previous