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Spyro is considering one of three different projects; each will have an initial cost of $53003.2. The relevant discount rate is 4%. The cash inflows

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Spyro is considering one of three different projects; each will have an initial cost of $53003.2. The relevant discount rate is 4%. The cash inflows are presented below: Which of the following statements is true: Select one: The net present value of P1 is -7978.15 The net present value of P1 is higher than that of P2 The net present value of P1 is 98028.25 The net present value of P1 would increase if the relevant discount rate was 10% instead of 4%

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