The net present value (NPV) for this project is closest to ________

The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $420,000. The Sisyphean Company expects cash inflows from this project as detailed below:

Year 1 Year 2 Year 3 Year 4
$200,000 $225,000 $275,000 $200,000

The appropriate discount rate for this project is 16%.

A) $206,265
B) $144,385
C) $515,661
D) $216,578

Answer: A

Business

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Indicate whether the statement is true or false

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