Question: Please post the work: 30. -A building project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of
Please post the work:
30.
-A building project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500. What is the net present value of this project if the required rate of return is 16 percent?
| A. | -$311.02 |
| B. | $1,048.75 |
| C. | $4,650.11 |
| D. | $9,188.98 |
| E. | $11,168.02 |
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