Question: 3. XYZ is evaluating a project that would last for 3 years. The project's cost of capital is 17.60 percent, its NPV is $43.200.00 and

3. XYZ is evaluating a project that would last for 3 years. The project's cost of capital is 17.60 percent, its NPV is $43.200.00 and the expected cash flows are presented in the table. What is X?
Years from today
0
1
2
3
Expected Cash Flow (in $)
-55,200
70,200
-15.600
X
O An amount equal to or greater than $43,200.00 but less than $54,604.00
O An amount equal to or greater than $54,604.00 but less than $63,008.00
O An amount less than $43, 200.00 or an amount greater than $88 547.00
O An amount equal to or greater than $74,045.00 but less than $88,547.00
O An amount equal to or greater than $63,008.00 but less than $74,045.00

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