A project is expected to create operating cash flows of $26,500 a year for four years.The fixed assets required for the project cost $62,000 and will be worthless at the end of the project.An additional $3,000 of net working capital will be required throughout the life of the project.What is the project's net present value if the required rate of return is 12 percent?
A)$19,208.11
B)$14,028.18
C)$15,306.09
D)$17,396.31
E)$21,954.17

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The Answer of A project is expected to create operating cash flows of $26,500 a year for four years.The fixed assets required for the project cost $62,000 and will be worthless at the end of the project.An additional $3,000 of net working capital will be required throughout the life of the project.What is the project's net present value if the required rate of return is 12 percent?
A)$19,208.11
B)$14,028.18
C)$15,306.09
D)$17,396.31
E)$21,954.17

A Project Is Expected to Create Operating Cash Flows of $26,500