Question: Best Pty Ltd is considering a project. The project has an initial investment of $450,000, with annual positive cash flows of $160,000 for four years.
Best Pty Ltd is considering a project. The project has an initial investment of $450,000, with annual positive cash flows of $160,000 for four years. The required rate of return on projects is 5%. What is the Net Present Value (NPV) of the project?
Select one:
a.$-318 496
b.$ 262 288
c.$ 567 360
d.$ 117 360
e.$-318 368
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