Question 6
12.5 pts
Consider the following investment:
Year Cash Flow
0 -$50,000
1 24,600
2 22,600
3 20,100
4 15,200
What is the net present value if you require a
return of 15 percent on your investment?
? $5,968.32
? $10,386.88
? $2,963.55
? $8,596.36