Question: What is the net present value of a replacement project whose cash flows are -$842,000; $451,000; $723,000; and $128,000 for years 0 through 3, respectively?
What is the net present value of a replacement project whose cash flows are -$842,000; $451,000; $723,000; and $128,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 17.7% p.a. (round to the nearest dollar)
Select one:
a. $141577
b. $1825577
c. $-6335
d. $233953
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