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taples Inc. is considering a project that has the following cash flows: Year Cash Flow 1 $2,000 2 3,000 3 3,000 4 1,500 The project
taples Inc. is considering a project that has the following cash flows:
Year | Cash Flow |
1 | $2,000 |
2 | 3,000 |
3 | 3,000 |
4 | 1,500 |
The project has a payback of 2.5 years, and the firms cost of capital is 12%. What is the projects NPV?
a. | $577.68 | |
b. | $1,049.80 | |
c. | $765.91 | |
d. | $2,761.32 |
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