Solved

Triblaze Corp

Question 40

Multiple Choice

Triblaze Corp. is considering buying a new truck. The cost of the truck is $62,000 and the expected cash flows for the next 3 years due to savings from the new truck are $19,920, $22,800, and $31,280. The net present value (NPV) of the truck is ____ if the company's expected rate of return is 10%.


A) $5,600
B) $(2,200.75)
C) $30,000
D) $(1,546.81)
E) $2,500

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents