Question: 9 Otway Pty Ltd is considering a project. The project has an initial investment of $340,000, with annual positive cash flows of $160,000 for four

9

Otway Pty Ltd is considering a project. The project has an initial investment of $340,000, with annual positive cash flows of $160,000 for four years. The required rate of return on projects is 10%. What is the Net Present Value (NPV) of the project?

Select one:

a. $507,184

b. $300,000

c. $500,000

d. $640,000

e. $167,184

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