Vinup Corporation has provided the following data concerning an investment project that it is considering: The working capital would be released for use elsewhere at the end of the project in 4 years. The company's discount rate is 13%. The net present value of the project is closest to:
A)$8,486
B)$36,737
C)$89,000
D)$(36,263)

Question

Vinup Corporation has provided the following data concerning an investment project that it is considering:  The working capital would be released for use elsewhere at the end of the project in 4 years. The company's discount rate is 13%. The net present value of the project is closest to:
A)$8,486 
B)$36,737 
C)$89,000 
D)$(36,263)

Quizplus · Accepted Answer

The Answer of Vinup Corporation has provided the following data concerning an investment project that it is considering:  The working capital would be released for use elsewhere at the end of the project in 4 years. The company's discount rate is 13%. The net present value of the project is closest to:
A)$8,486 
B)$36,737 
C)$89,000 
D)$(36,263)

Vinup Corporation Has Provided the Following Data Concerning an Investment