CORRECT TEXT

CORRECT TEXT

A business is contemplating investing in a new project with a lifespan of three years and a capital cost of $100,000.

The expected net cash flows from the project are as follows:

Year 1 $35,000

Year 2 $50,000

Year 3 $40,000

The cost of capital to the business is 10%

The net present value of the project is: $

Answer: 3155, 3150, 3159, 3157, 3153, 3152, 3158, 3160, 3156, 3154, 3151