Question: Question Completion Status: XYZ is considering a project that would last for 3 years and have a cost of capital of 21.90 percent. The relevant

 Question Completion Status: XYZ is considering a project that would last

Question Completion Status: XYZ is considering a project that would last for 3 years and have a cost of capital of 21.90 percent. The relevant level of net working capital for the project is expected to be $1,711.60 immediately (at year 0); $4,680.00 in 1 year; $15,600.00 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 46.40 percent. What is the net present value of this project?. $6319.13 (plus or minus $10 ) $2263.70 (plus or minus $10 ) $1536.26 (plus or minus $10 ) $8030.31 (plus or minus $10 ) None of the above is within $10 of the correct

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