Question: Values in the table area cash flows in that year. The projects are independent of each other. The required rate of return for all projects
Values in the table area cash flows in that year. The projects are independent of each other. The required rate of return for all projects is 13%.
| Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |
|---|---|---|---|---|---|---|
| Project April | (1000) | 0 | 0 | 0 | 0 | 1900 |
| Project June | (21000) | 6000 | 6000 | 6000 | 6000 | 6000 |
| Project July | (5120) | 1000 | 1000 | 1000 | 0 | 2000 |
Which of the following comes closest to the NPV of Project April?
($19)
$19
$31
$180
$266
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