Which of the following comes closest to the net present value (NPV) of a project whose initial investment is $50 and which produces a stream of cash flows of $10 that come at the end of each year for 5 consecutive years beginning in 5 years (that is, no cash flow is produced in years 1,2,3,4, or 5)? The required rate of return is 5%?

$27.22

$0.76

-$6.71

-$16.08