Question: QUESTION 1 2 points Save Answer XYZ is considering a project that would last for 3 years and have a cost of capital of 18.20

 QUESTION 1 2 points Save Answer XYZ is considering a project

QUESTION 1 2 points Save Answer XYZ is considering a project that would last for 3 years and have a cost of capital of 18.20 percent. The relevant level of net working capital for the project is expected to be $2,020.30 immediately (at year 0); $4,790.00 in 1 year; $14,000.00 in 2 years; and $0.00 in 3 years. Relevant expected revenue, costs, depreciation, and cash flows from capital spending in years 0, 1, 2, and 3 are presented in the following table. The tax rate is 54.90 percent. What is the net present value of this project? . Year 0 Year 1 Year 2 Year 3 Revenue $ 0.00 $12,500.00 $10,400.00 $12,100.00 Costs $ 0.00 $3,990.00 $3,980.00 $3,500.00 Depreciation $ 0.00 $2,200.00 $2,250.00 $2,100.00 Cash flows from capital spending $-5,910.00 $1,350.00 $ 20.00 $3,770.00 $7794.24 (plus or minus $ 10) $580.25 (plus or minus $10) $5323.60 (plus or minus $ 10) $10279.59 (plus or minus $ 10) None of the above is within $10 of the correct

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