Question: 23. Consider a project with the net cash flows shown below. The cost of capital for the project is 9.5%. Year 0:($81,570) Years 1-6$12,950 per

23.

Consider a project with the net cash flows shown below. The cost of capital for the project is 9.5%.

  • Year 0:($81,570)
  • Years 1-6$12,950 per year
  • Years 7-10$15,450 per year

What is the net present value (NPV) for the project?

Select one:

a. $0

b. $3,279.35

c. $4,387.87

d. $6,275.91

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