Question: Consider the project described in the table below. What is the project's net present value? Cost of Capital Rate 10% 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 | 10% | ||||
| Time | 0 | 1 | 2 | 3 | 4 |
| Cash Flows | ($5,300) | $2,200 | $4,400 | $3,500 | $2,500 |
Select one:
a.
$4,487
b.
$4,673
c.
$4,206
d.
$4,440
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