Suppose you have an opportunity to invest in a project, which is expected to generate

$6,800

in year

1,$7,200

in year 2 , and

$7,500

in\ year 3. The appropriate risk-adjusted discount rate for the project is

10.5%

. What is project's initial investment when the project's\

NPV

is

$2,609.25

? Ignore income taxes for this question.\

$15,000\ $17,609\ $21,500\ $20,218

Suppose you have an opportunity to invest in a project, which is expected to generate $6,800 in year 1,$7,200 in year 2 , and $7,500 in year 3. The appropriate risk-adjusted discount rate for the project is 10.5%. What is project's initial investment when the project's NPV is $2,609.25 ? Ignore income taxes for this question. $15,000 $17,609 $21,500 $20,218