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What is the net present value of the following cash flows if the relevant discount rate is 9 percent? Year Cash Flow -$11,520 0 1

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What is the net present value of the following cash flows if the relevant discount rate is 9 percent? Year Cash Flow -$11,520 0 1 81 2 650 3 880 4 2,300 15,800 5 Select one: a. $1,300.54 b. $1,022.87 c. $1,679.22 d. $1,913.12 e. $1,506.54

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