Question: Question 1 1 ( 2 points ) You accepted a website development project requires an initial outlay of $ 9 0 0 0 . 0

Question 11(2 points)
You accepted a website development project requires an initial outlay of $9000.00 and a further outlay of $5000.00 after 1 year. Net returns are expected to be $4800.00 per year for 6 years.
What is the net present value of your project if your discount rate is 11.9%?
Question 11 options:
$4468
$19790
-$3715
$13,468
$6322

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