You are considering a project that costs $300 and has expected cash flows of $110, $121, and $133.10 over the next three years. If the appropriate discount rate for the project's cash flows is 10%, what is the net present value of this project?
A) ($8.58)
B) $0.00
C) $0.71
D) $19.79
E) $64.10

Question

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The Answer of You are considering a project that costs $300 and has expected cash flows of $110, $121, and $133.10 over the next three years. If the appropriate discount rate for the project's cash flows is 10%, what is the net present value of this project?
A) ($8.58)
B) $0.00
C) $0.71
D) $19.79
E) $64.10

You Are Considering a Project That Costs $300 and Has