Question: Question 31 (4 points) A project generates annual cash inflow of $56,200 for 5 years. It needs an initial investment of $238,900 that will have

 Question 31 (4 points) A project generates annual cash inflow of

Question 31 (4 points) A project generates annual cash inflow of $56,200 for 5 years. It needs an initial investment of $238,900 that will have the salvage value of $67,000 at the end of project's life. What is the NPV of the project if the required rate of return is 15.2%? 20.978.43 19,771.54 11,806.39 14,972.09 18,374.86

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