(Appendix 13A) The following data pertain to an investment proposal:
The working capital would be released for use elsewhere when the project is completed.What is the net present value of the project,using a discount rate of 8%? (Ignore income taxes in this problem. ) (Do not round your intermediate calculations and round the final answer to the nearest whole dollar. )
A) ($251) .
B) $251.
C) $2,567.
D) $5,251.
Correct Answer:
Verified
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