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What is the ENPV of the project? YEAR PROJECT A 0 -$1,000 1 700 2 500 3 400 Project cost of capital: 5% Firm cost

What is the ENPV of the project?

YEAR PROJECT A
0 -$1,000
1 700
2 500
3 400

Project cost of capital: 5%

Firm cost of capital: 15%

Firm reinvestment rate: 10%

Select one:

a. 522.90

b. 503.22

c. 514.17

d. 536.09

e. 529.11

**THIS WAS A QUESTION ON A PRE-TEST...THE CORRECT ANSWER IS 514.17**I JUST DON'T KNOW HOW TO GET TO THIS ANSWER**CAN YOU PLEASE WRITE OUT PROBLEM**

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