Question: Directions: Select the BEST answer for each question and mark it on the Scantron 1. Suppose you are considering a project that will generate quarterly

 Directions: Select the BEST answer for each question and mark it

Directions: Select the BEST answer for each question and mark it on the Scantron 1. Suppose you are considering a project that will generate quarterly cash flows of $850 at the beginning of each quarter for 18 years, starting 8 years from now. If the appropriate discount rate for this project is 8%, how much is this project worth today? a. $16,143 b. $32,286 c. $17,132 d. $16,796 e. $17,475

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