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Rossdale Flowers has a new greenhouse project with an initial cost of $398,000 that is expected to generate cash flows of $45,100 for 11 years
Rossdale Flowers has a new greenhouse project with an initial cost of $398,000 that is expected to generate cash flows of $45,100 for 11 years and a cash flow of $94,500 in Year 12. If the required return is 6.5 percent, what is the project's NPV?
A. -12,636
B. -6,839
C. 4,669
D. 15,365
E. -4,236
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