Use the information for the question(s)below.
Boulderado has come up with a new composite snowboard.Development will take Boulderado four years and cost $250,000 per year,with the first of the four equal investments payable today upon acceptance of the project.Once in production the snowboard is expected to produce annual cash flows of $200,000 each year for 10 years.Boulderado's discount rate is 10%.
-The NPV for Boulderado's snowboard project is closest to:
A)$228,900.
B)$46,900.
C)$51,600.
D)$23,800.

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The Answer of Use the information for the question(s)below.
Boulderado has come up with a new composite snowboard.Development will take Boulderado four years and cost $250,000 per year,with the first of the four equal investments payable today upon acceptance of the project.Once in production the snowboard is expected to produce annual cash flows of $200,000 each year for 10 years.Boulderado's discount rate is 10%.
-The NPV for Boulderado's snowboard project is closest to:
A)$228,900.
B)$46,900.
C)$51,600.
D)$23,800.

Use the Information for the Question(s)below