Question: What is the NPV for a project with an after tax initial investment of $22,000 and five equal cash flows of $10,200 at the start

What is the NPV for a project with an after tax initial investment of $22,000 and five equal cash flows of $10,200 at the start of each year, beginning with the fourth year? The appropriate discount rate is 16 percent Should it be accepted? Note: Read the question carefully and draw the timeline.

Select one: a. $6,791.20, accept b. $2,820.00; accept c-$603.45; reject d. $11,397.80; accept

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