Question: A project requires a $ 3 9 0 0 0 initial investment and is expected to generate end of period annual cash inflows as follows:

A project requires a $39000 initial investment and is expected to generate end of period annual cash inflows as follows:
Year 1 $17500
Year 2 $18500
Year 3 $17500
Assuming a discount rate of10% what is the net present value of this investment?
N=1,0.9091
N=2,0.8264
N=3,0.7513
A. $0
B. $5345
C. $(10197)
D. $44345
E. $(2289)

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