Question: 16.Day Interiors is considering a project with an initial cost of $114,600. The project will produce cash inflows of $35,900, $50,800, and $45,000 over the

16.Day Interiors is considering a project with an initial cost of $114,600. The project will produce cash inflows of $35,900, $50,800, and $45,000 over the next three years, respectively. Given a required return of 10 percent, what is the net present value of this project?

A.-$6,171.00

B.-$3,481.37

C.$890.25

D.$2,706.59

E.$4,628.10

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