Question: QUESTION 7 Penn is considering a Project that has the following Cash Flows. Year Cash Flow $3,000 $2,500 $4,000 $2,500 The Project has an IRR

 QUESTION 7 Penn is considering a Project that has the following

QUESTION 7 Penn is considering a Project that has the following Cash Flows. Year Cash Flow $3,000 $2,500 $4,000 $2,500 The Project has an IRR of 22%. The firm's Cost of Capital is 16%. What is the Project's Net Present Value (NPV)? $868.85 $968.03 $917.47 $838.82

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