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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