Net Present Value: the Kookaburra Golf Resort Is Redoing Its

Net present value: The Kookaburra Golf Resort is redoing its golf course at a cost of $2,744,320. It expects to generate cash flows of $1,223,445, $2,007,812, and $3,147,890 over the next three years. If the appropriate discount rate for the company is 13 percent, what is the NPV of this project?

A) $7,581,072
B) $2,092,432
C) $4,836,752
D) $3,112,459