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QUESTION 4 2 points XYZ is considering a project that would last for 3 years and have a cost of capital of 19.40 percent. The

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QUESTION 4 2 points XYZ is considering a project that would last for 3 years and have a cost of capital of 19.40 percent. The relevant level of not working capital for the project is expected to be $2.161.90 immediately (at year oy: $4,850.00 in 1 year: 514,100.00 in 2 years and 50.00 in 3 years. Relevant expected revenue, costs depreciation, and cash flows from capital spending in years 0, 1, 2 and 3 are presented in the following table. The tax rate is 53.90 percent. What is the net present value of this project? Year 0 Year 1 Year 2 Year 3 Rover $ 0.00 $12,500.00 $13,100.00 $1090000 Costs $ 0.00 $3.570.00 $364000 $2.400.00 Depreciation $ 0.00 $1,810 00 $1,770 00 $2,500.00 Cash flows from capital Spending 5-5.80000 $1,720 00 51.620.00 $3,420,00 O $12401.02 plus or $10) O $3408 55 (plus or minus $ 10) $3028 44 plus or minus $10) 57254 58 plus or minus $ 10) O None of the above is within $10 of the contest answer Cheese and Submitte and submit Click Son All Aboala 55F C O !! uch top

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