Chapter 4 Assessment i Saved Help Save & Exit Submit Find on pas E C A project is expected to produce cash flows of $48,000, $39,000, and $15,000 over the next three years, respectively. After three years, the project will be worthless. What is the net present value of this project if the applicable discount rate is 15.25 percent and the initial cost is Expert $78,500? 0409.39 And LOB Multiple Choice Ya -$1,201.76 0 $2,309.09 2 -$3,45796 $1808.17 $3,132 48 Ans) (9413 Comment Type here to search 19 44