Question: Consider the project described in the table below. What is the project's net present value? Cost of Capital Rate 4% Time 0 1 2 3
Consider the project described in the table below. What is the project's net present value?
| Cost of Capital Rate | 4% | ||||
| Time | 0 | 1 | 2 | 3 | 4 |
| Cash Flows | ($3,500) | $1,000 | $1,500 | $1,000 | $500 |
Select one:
a.
$163
b.
$148
c.
$155
d.
$165
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