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XYZ is considering a project that would last for 3 years and have a cost of capital of 22.60 percent. The relevant level of net

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XYZ is considering a project that would last for 3 years and have a cost of capital of 22.60 percent. The relevant level of net working capital for the project is expected to be $1,501.80 immediately (at year 0); $4,730.00 in 1 year; $14,800.00 in 2 years; and $0.00 in 3 years. Relevant expected revenue, costs, depreciation, and cash flows from capital spending in years 0, 1, 2, and 3 are presented in the following table. The tax rate is 45.30 percent. What is the net present value of this project?. Year 2 Year 3 Next Question ear 1 Revenue $ 0.00 $10,700.00 $11,500.00 $10,100.00 Costs $ 0.00 $3,760.00 $3,670.00 $4,200.00 Depreciation $ 0.00 $2,430.00 $1,970.00 $1,900.00 Cash flows from capital spending $-7,390.00 $ 730.00 $270.00 $4,150.00 $6852.75 (plus or minus $10) $2489.86 (plus or minus $10) $8096.12 (plus or minus $10) $-1833.90 (plus or minus $10) None of the above is within $10 of the correct

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