Question: What is the net present value of a replacement project whose cash flows are -$740,000; $557,000; $752,000; and $118,000 for years 0 through 3, respectively?
What is the net present value of a replacement project whose cash flows are -$740,000; $557,000; $752,000; and $118,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 15.5% p.a. (round to the nearest dollar) Select one: a. $382542 b. $1862542 O c. $231898 d. $469917
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