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Question 4 ( 1 0 points ) A new project will have an intial cost of $ 1 2 , 0 0 0 . Cash

Question 4(10 points)
A new project will have an intial cost of $12,000. Cash flows from the project are expected to be $6,000,$5,000, and $4,000 over the next 3 years, respectively. Assuming a discount rate of 12%, what is the project's NPV?
$190.23
$197.84
$201.65
$205.45
$194.04
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