Question: Stone Inc. is evaluating a project with an initial cost of $9,500. Cash inflows are expected to be $1,500, $1,500, and $10,000 in the three

Stone Inc. is evaluating a project with an initial cost of $9,500. Cash inflows are expected to be $1,500, $1,500, and $10,000 in the three years over which the project will produce cash flows. If the discount rate is 9%, what is the net present value of the project?

rev: 09_12_2015_QC_CS-20206

Between $400 and $800

Between $0 and $400

More than $800

Less than $0

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