Question: Question) A project costing $230,000 has a Net Present Value (NPV) of -$24,400. Which one of the following statements is correct? a. The Present Value
Question) A project costing $230,000 has a Net Present Value (NPV) of -$24,400. Which one of the following statements is correct?
a. The Present Value of future cash flows equals -$254,400.
b. The Present Value of future cash flows equals -$24,400
c. The Present Value of future cash flows equals $205,600.
d. The Present Value of future cash flows equals $254,400.
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