Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $36,100, $64,110, $62,530, $60,370, and $43,430, respectively. The project has an initial cost of $160,800 and the required return is 8.4 percent. What is the project's NPV? Multiple Choice $22,714.22 $17,751.64 $48,891.34 $15,666.91 $14,242.65

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Chapter11: Capital Budgeting Decisions
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Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $36,100, $64,110, $62,530, $60,370, and $43,430, respectively. The project has an initial cost of
$160,800 and the required return is 8.4 percent. What is the project's NPV?
Multiple Choice
$22,714.22
$17,751.64
$48,891.34
$15,666.91
$14,242.65
Transcribed Image Text:Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $36,100, $64,110, $62,530, $60,370, and $43,430, respectively. The project has an initial cost of $160,800 and the required return is 8.4 percent. What is the project's NPV? Multiple Choice $22,714.22 $17,751.64 $48,891.34 $15,666.91 $14,242.65
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