Question: What is the net present value of a replacement project whose cash flows are -$907,000; $421,000; $737,000; and $123,000 for years 0 through 3, respectively?

What is the net present value of a replacement project whose cash flows are -$907,000; $421,000; $737,000; and $123,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 14.2% p.a. (round to the nearest dollar)

Select one:

a. $109351

b. $1923351

c. $-17026

d. $189597

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