Question: Bottleneck Industries is considering project A. The project has expected cash flows of -$29,500.00 today, $40,400.00 in 1 year, -$49,900.00 in 2 years, and $60,000.00

Bottleneck Industries is considering project A. The project has expected cash flows of -$29,500.00 today, $40,400.00 in 1 year, -$49,900.00 in 2 years, and $60,000.00 in 3 years. The weighted-average cost of capital for Bottleneck Industries is 26.15 percent. Which one of the following assertions is true? Even though project A's expected cash flows are not conventional and even though it is possible to compute the NPV of a project with expected cash flows that are not conventional, the NPV of project A can not be computed The NPV of project A equals an amount that is equal to or greater than $6.46. The NPV of project A equals an amount that is less than or equal to $6.46. The NPV of project A equals an amount that is greater than $6.46 but less than $6.46. The NPV of project A cannot be computed, because the project's expected cash flows are not conventional and it is impossible to compute the NPV of a project with expected cash flows that are not conventional
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