Question: Apricot, Inc is considering developing a new app for it's A phone Z. The app would cost $310,000 to develop and is expected to produce

Apricot, Inc is considering developing a new app for it's A phone Z. The app would cost $310,000 to develop and is expected to produce cash flows of $80,000 per year for the first three years, then $60.000, 550,000, and $40.000 each of the last three years respectively. If their required return is 18%, should they develop the new app? A. Yes B.NO C. Not enough information Reset Selection Mark for Review Why This? 10 Ponts Question 2 of 10 in opening a new location in Kingsbury, TX no seriously the lost would be 50.000 and produce cash rows of $35.000 per year for the 550.000 per year for the next three years if your current return is what is the NPV of opening the new cat A1357,087 3-512,113 C. 535.000 0344

Do not copy from Chegg I need a full explanation.

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