Net Present Value (NPV): A project requires an initial investment of

$5,000

and is expected to return

$3,000

in year

1,$2,500

in year 2 , and

$2,000

in year 3 . If the discount rate is

10%

, what is the NPV of the project?\ Select one\ A.

$1,247

\ B.

$1,320

\ C.

$1,500

\ D.

$1,578

Net Present Value (NPV): A project requires an initial investment of $5,000 and is expected to return $3,000 in year 1,$2,500 in year 2 , and $2,000 in year 3 . If the discount rate is 10%, what is the NPV of the project? Select one A. $1,247 B. $1,320 C. $1,500 D. $1,578 Net Present Value (NPV): A project requires an initial investment of $5,000 and is expected to return $3,000 in year 1,$2,500 in year 2 , and $2,000 in year 3 . If the discount rate is 10%, what is the NPV of the project? Select one A. $1,247 B. $1,320 C. $1,500 D. $1,578