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XYZ is evaluating a project that would last for 3 years. The project's cost of capital is 14.10 percent, its NPV is $44,800.00 and the

XYZ is evaluating a project that would last for 3 years. The project's cost of capital is 14.10 percent, its NPV is $44,800.00 and the expected cash flows are presented in the table. What is X?

Years from today 0 1 2 3
Expected Cash Flow (in $) -55,800 68,700 -13,100 X

An amount equal to or greater than $69,503.00 but less than $80,383.00

An amount equal to or greater than $54,302.00 but less than $61,107.00

An amount less than $44,800.00 or an amount greater than $80,383.00

An amount equal to or greater than $61,107.00 but less than $69,503.00

An amount equal to or greater than $44,800.00 but less than $54,302.00

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