Question: 27) Meyer , Inc. is considering a five - year project that has an initial after - tax outlay or after - tax cost of
27) Meyer , Inc. is considering a five - year project that has an initial after - tax outlay or after - tax cost of $ 56,000 The future after - tax cash inflows from its project for years 1 , 2 , 3 , 4 and 5 are all the same at $ 14,000 Meyer uses the net present value method and has a discount rate of 6 % . Will Meyer accept the project ?
A) $2,248 reject the project B)$2,585 accept the project C)$2,248 accept the project D)$2,973 accept the project E) $2,585 reject the project
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