Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $39,700, $82,470, $63,250, $61,360, and $44,600, respectively. The project has an initial cost of $185,280 and the required return is 8.7 percent. What is the project's NPV? Multiple Choice $9.72156 $43,625 67 $16,270 30 $0.83778 $11.958.76

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $39,700, $82,470, $63,250, $61,360, and $44,600, respectively.
The project has an initial cost of $185,280 and the required return is 8.7 percent. What is the project's NPV?
Multiple Choice
$9.72156
$43,625.67
$16,270.30
$8.83778
$11.958.76
Transcribed Image Text:Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $39,700, $82,470, $63,250, $61,360, and $44,600, respectively. The project has an initial cost of $185,280 and the required return is 8.7 percent. What is the project's NPV? Multiple Choice $9.72156 $43,625.67 $16,270.30 $8.83778 $11.958.76
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