Your company is considering a project with an initial outlay of $10,000 in year zero and the following cash flows over the next 4 years:

Year	Cash flow
1	2,000
2	3,000
3	4,000
4	5,000

Assuming cost of capital is 11%:

3) The project's Net Present Value is:

		355.60
		455.09
		500.00
		288.35
		410.00