Business, 30.06.2021 01:20 tduncan8335

Respass Corporation has provided the following data concerning an investment project that it is considering: Initial investment $160,000
Annual cash flow $54,000 per year
Salvage value at the end of the project $11,000
Expected life of the project 4 years
Discount rate 15%
The net present value of the project is closest to:.
A) $67,000.
B) $160,516.
C) $516.
D) $(5,776).

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Respass Corporation has provided the following data concerning an investment project that it is cons...