Question: XYZ Inc. is evaluating a project that would last for 3 years. The project's cost of capital is 6.0 percent; its NPV is - $4,000;

XYZ Inc. is evaluating a project that would last for 3 years. The project's cost of capital is 6.0 percent; its NPV is - $4,000; and the expected cash flows are presented in the table. What is X? Years from today 0 1 Expected cash flow in 5) -60,000 20,000 a. An amount less than $10,000 or an amount equal to or greater than $18,000 b. An amount equal to or greater than $10,000 but less than $12,000 C. An amount equal to or greater than $12,000 but less than $14,000 d. An amount equal to or greater than $14,000 but less than $16,000 e. An amount equal to or greater than $16,000 but less than $18,000
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