Question: please A firm has a new project with an initial investment of $70,000 and the following end-ofyear estimated cash flows: Year 1: $28,000 Year 2:

 please A firm has a new project with an initial investment

please

A firm has a new project with an initial investment of $70,000 and the following end-ofyear estimated cash flows: Year 1: $28,000 Year 2: $18,000 Year 3: $30,000 Year 4: $30,000 If the firm's appropriate WACC =12%, what is the Net Present Value of this project? (to the nearest dollar) $13,360 $9,768 $36,000 $19,768

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