Question: Question 29 (3 points) TVMB, Inc. is considering a five-year project that has an initial outlay or cost of $80,000. The respective future cash inflows
Question 29 (3 points) TVMB, Inc. is considering a five-year project that has an initial outlay or cost of $80,000. The respective future cash inflows from its project for years 1, 2, 3, 4 and 5 are: $15,000, $25,000, $28,000, $30,000 and $32,000. TVMB uses the net present value method and has a discount rate of 9%. Will TVMB accept the project? Yes, the NPV is over $10,000 Yes, the NPV is about $2,323 No, the NPV is more negative than $-3,000 No, the NPV is more negative than $-10,000
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