A project that provides annual cash flows of $2,500 for 10 years costs $10,000 today. At a required return of 11 percent, what is the NPV of the project? Group of answer choices: $3,040.29 $4,125.56 $5,361.42 $3,565.61 $4,723.08

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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A project that provides annual cash flows of $2,500 for 10 years costs $10,000 today. At a required return of 11 percent, what is the NPV of the project?

 

Group of answer choices:

 

$3,040.29

 

$4,125.56

 

$5,361.42

 

$3,565.61

 

$4,723.08

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