What is the NPV of the mall project? The project would require an initial investment in equipment of $$93,400\mathrm{.}00$ and would last for either $3$ years or $4$ years $($the date when the project ends will not be known until it happens and that will be when the equipment stops working in either $3$ years from today or $4$ years from today$).$ The first annual operating cash flow of $$46,700\mathrm{.}00$ is expected in $1$ year, and annual operating cash flows of $$46,700\mathrm{.}00$ per year are expected each year until the project ends in either $3$ years or $4$ years. In $1$ year, the project is expected to have an after$-$tax terminal value of $$82,000\mathrm{.}00.$ The cost of capital for this project is $15\mathrm{.}86$ percent.

$-$$$18,303\mathrm{.}10($plus or minus $$10)$

$$64,448\mathrm{.}80($plus or minus $$10)$

$$17,682\mathrm{.}34($plus or minus $$10)$

$$42,783\mathrm{.}62($plus or minus $$10)$

None of the above is within $$10$ of the correct answer