Question: The information below describes a project with an initial cash outlay of $25,000 and a required return of 0.0950, compounded annually. What is the net

The information below describes a project with an initial cash outlay of $25,000 and a required return of 0.0950, compounded annually. What is the net present value of the project, given the following projected cash flow?

Year

Cash flow

1

15,000

2

9,500

3

6,50

a) 6,000

b) 1,572

c) 51,572

d) 26,572

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