A project under consideration currently has a negative net present value of $11,600 using a 6% rate of return and an estimated 4-year life.What must be the minimum present value of the soft benefits of this project in order to make it acceptable? (Round the answer to nearest whole dollar.)
A) $12,296
B) $40,195
C) $9,188
D) $3,348
Correct Answer:
Verified
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