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QUESTION 5 Central Concrete is evaluating a project that would cost 1 , 0 2 5 . 0 0 today. The project is expected to

QUESTION 5
Central Concrete is evaluating a project that would cost 1,025.00 today. The project is expected to have the following other cash flows: 10,698.00 in 1 year, 8,678.00 in 2 years, -7,855.00 in 3 years, and -11,048.00 in 4 years. The cost of capital of the project is 11.93 percent. What is the net present value of the project?
$542.17(plus or minus $3)
-$4,833.85(plus or minus $3)
$1,014.45(plus or minus $3)
The amount can not be determined or does not exist because the cash flows are not conventional
$2,819.15(plus or minus $3)
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