Sorenson Stores is considering a project that has the following cash flows: The project has a payback of 2.5 years, and the firm's cost of capital is 12%. What is the project's NPV?
A) $577.68
B) $765.91
C) $1,049.80
D) $2,761.32

Question

Sorenson Stores is considering a project that has the following cash flows:  The project has a payback of 2.5 years, and the firm's cost of capital is 12%. What is the project's NPV?
A) $577.68 
B) $765.91 
C) $1,049.80 
D) $2,761.32

Quizplus · Accepted Answer

The Answer of Sorenson Stores is considering a project that has the following cash flows:  The project has a payback of 2.5 years, and the firm's cost of capital is 12%. What is the project's NPV?
A) $577.68 
B) $765.91 
C) $1,049.80 
D) $2,761.32

Sorenson Stores Is Considering a Project That Has the Following