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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