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Values in the table area cash flows in that year. The projects are independent of each other. The required rate of return for all projects
Values in the table area cash flows in that year. The projects are independent of each other. The required rate of return for all projects is 13%. Year 4 Project April Project June Project July Year 0 ($1,000) ($21,000) ($5,120) Year 1 $0 $6,000 $1,000 Year 2 $0 $6,000 $1,000 Year 3 $0 $6,000 $2,000 Year 5 $1,900 $6,000 $2,000 $6,000 $0 Which of the following is closest to the NPV of Project July? Select one: O a. ($980) b. ($558) c. $0 O d. $558 e. $980
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