Use the following table, A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $420,000 and is expected to generate cash inflows of $168,000 at the end of each year for three years. The net present value of this project is
A) $425,208.
B) $252,000.
C) $42,516.
D) $5,208.

Question

Use the following table,  A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $420,000 and is expected to generate cash inflows of $168,000 at the end of each year for three years. The net present value of this project is
A) $425,208. 
B) $252,000. 
C) $42,516. 
D) $5,208.

Quizplus · Accepted Answer

The Answer of Use the following table,  A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $420,000 and is expected to generate cash inflows of $168,000 at the end of each year for three years. The net present value of this project is
A) $425,208. 
B) $252,000. 
C) $42,516. 
D) $5,208.

Use the Following Table, a Company Has a Minimum