Question: YZ is evaluating a project that would last for 3 years. The project's cost of capital is 18.00 percent, its NPV is $45,800.00 and the

YZ is evaluating a project that would last for 3 years. The project's cost of capital is 18.00 percent, its NPV is $45,800.00 and the expected cash flows are presented in the table. What is X?

Years from today 0 1 2 3
Expected Cash Flow (in $) -55,400 69,400 -13,100 X
An amount equal to or greater than $77,610.00 but less than $92,590.00
An amount equal to or greater than $45,800.00 but less than $58,598.00
An amount equal to or greater than $58,598.00 but less than $67,761.00
An amount equal to or greater than $67,761.00 but less than $77,610.00
An amount less than $45,800.00 or an amount greater than $92,590.00

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