A certain project will cost a firm $5,000 today. The project is not expected to produce any cash flows until the second year, at which point it is expected to produce $6,200. No other cash
Flows are anticipated. If the appropriate cost of capital is 15%, what is this project's NPV?
Round your answer to the nearest dollar.
A)+$391
B)+$5,836
C)-$312
D)-$1,852

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The Answer of A certain project will cost a firm $5,000 today. The project is not expected to produce any cash flows until the second year, at which point it is expected to produce $6,200. No other cash
Flows are anticipated. If the appropriate cost of capital is 15%, what is this project's NPV?
Round your answer to the nearest dollar.
A)+$391
B)+$5,836
C)-$312
D)-$1,852

A Certain Project Will Cost a Firm $5,000 Today