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What is the net present value of the following cash flows if the relevant discount rate is 9.0 percent? Year Cash Flow 0 -21260 1

What is the net present value of the following cash flows if the relevant discount rate is 9.0 percent?

Year Cash Flow

0 -21260

1 11215

2 14678

3 -9807

4 13500

Select one:

a. $3,374.11

b. $5,006.19

c. $8,215.46

d. $13,058.39

e. $18,519.71

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