Dul Corporation has provided the following data concerning an investment project that it is considering: The working capital would be released for use elsewhere at the end of the project in 3 years. The company's discount rate is 7%. The net present value of the project is closest to:
A)$(61,872)
B)$(9,648)
C)$10,000
D)$54,352

Question

Dul Corporation has provided the following data concerning an investment project that it is considering:  The working capital would be released for use elsewhere at the end of the project in 3 years. The company's discount rate is 7%. The net present value of the project is closest to:
A)$(61,872) 
B)$(9,648) 
C)$10,000 
D)$54,352

Quizplus · Accepted Answer

The Answer of Dul Corporation has provided the following data concerning an investment project that it is considering:  The working capital would be released for use elsewhere at the end of the project in 3 years. The company's discount rate is 7%. The net present value of the project is closest to:
A)$(61,872) 
B)$(9,648) 
C)$10,000 
D)$54,352

Dul Corporation Has Provided the Following Data Concerning an Investment