You are analyzing a proposed project and have compiled the following information: ...

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Finance

  1. You are analyzing a proposed project and have compiled the following information:

    Year

    Cash flow

    0

    $-145,000

    1

    $33,400

    2

    $70,500

    3

    $82,100

    Required payback period:

    3 years

    Required rate of return:

    9.50 percent

    What is the net present value of the proposed project?

    $6,239.12

    $6,831.84

    $8,221.29

    $8,376.91

    There is not enough information to calculate the answer.

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