Question: A company is considering a project that will require an immediate outlay of $31000 and $31000 outlays for the next two years. At the end

 A company is considering a project that will require an immediate

A company is considering a project that will require an immediate outlay of $31000 and $31000 outlays for the next two years. At the end of the project, the company expects to salvage the physical assets for $43000. The project is estimated to yield net returns $53000 in 15 in Year 7, and $27000 for each of the following 9 years. The required rate of return is 15.7%. What is the NPV? a. NPV =$9932 b. NPV=$53829 c. NPV=$22164 d. NPV=$11968

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