Vinup 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 4 years.The company's discount rate is 13%.The net present value of the project is closest to:
A) $8, 486
B) $36, 737
C) $89, 000
D) ($36, 263)
Correct Answer:
Verified
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