You are considering a project that costs OMR600 and has expected cash flows of OMR224, OMR250.88 and OMR280.99 over the next three years. If the appropriate discount rate for the projects cash flows is 12%, what is the net present value of this project?

Select one:

a. OMR 0.00

b. OMR 9.34

c. OMR84.75

d. The NPV is negative

e. OMR49.34