Parks Corporation is considering an investment proposal in which a working capital investment of $10,000...
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Accounting
Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The investment would provide cash inflows of $2,000 per year for six years. The working capital would be released for use elsewhere when the project is completed. If the company's discount rate is 10%, the investment's net present value is closest to (Ignore income taxes.):
Select one:
a. $1,290
b. ($1,290)
c. $2,000
d. $4,350
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