A project will produce an operating cash flow of $10,100 a year for five years. The initial cash investment in the project will be $32,500. The net after-tax salvage value is estimated at $6,000
And will be received during the last year of the project's life. What is the net present value of the
Project if the required rate of return is 10%?
A) $3,613.72
B) $5,515.64
C) $5,786.95
D) $9,512.47
E) $11,786.95
Correct Answer:
Verified
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