Use the information for the question(s) below.
Epiphany Industries is considering a new capital budgeting project that will last for three years.Epiphany plans on using a cost of capital of 12% to evaluate this project.Based on extensive research,it has prepared the following incremental cash flow projects:
-The net present value (NPV) for Epiphany's Project is closest to:
A) $4825
B) $39,000
C) $11,946
D) $20,400
Correct Answer:
Verified
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