Project Target will cost the Dart Corporation $65,000. It is expected to produce net cash flows of $15,000 a year for 10 years. The required return on the project is 8%. What is its net present
Value, to the nearest dollar?
A)$4,479
B)$85,000
C)$73,889
D)$35,651

Question

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The Answer of Project Target will cost the Dart Corporation $65,000. It is expected to produce net cash flows of $15,000 a year for 10 years. The required return on the project is 8%. What is its net present
Value, to the nearest dollar?
A)$4,479
B)$85,000
C)$73,889
D)$35,651

Project Target Will Cost the Dart Corporation $65,000