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What is the NPV for the following project if its cost of capital is 0 percent and its initial after tax cost is $5,000,000 and
What is the NPV for the following project if its cost of capital is 0 percent and its initial after tax cost is $5,000,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in year 3 and $1,300,000 in year 4?
a. $371,764
b. $137,053
c. $1,700,000
d. none of the above
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