What is the net present value of a project that requires an investment of $50,000 today and will generate after-tax cash flows of $15,000 per year for the next five years? The companys weighted average cost of capital is 13.1% per year.

Question 5 options:

1)

$2,924

2)

$2,832

3)

$1,983

4)

$2,719

5)

$2,630