Rossdale Flowers has a new greenhouse project with an initial cost of $371,500 that is...

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Finance

Rossdale Flowers has a new greenhouse project with an initial cost of $371,500 that is expected to generate cash flows of $46,500 for 12 years and a cash flow of $61,900 in Year 13. If the required return is 8.6 percent, what is the project's NPV?

?$15,800.21

$119,279.50

?$10,531.16

$5,378.66

$102,001.43

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