Dul Corporation has provided the following data concerning an investment project that it is considering:
The working capital would be released for use elsewhere at the end of the project in 3 years. The company's discount rate is 7%. The net present value of the project is closest to:
A) ($61,872)
B) ($9,648)
C) $10,000
D) $54,352
Correct Answer:
Verified
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