What is the projects net present value if required rate

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A project is expected to create operating cash flows of $29,500 a year for three years. The initial cost of the fixed assets is $61,000. These assets will be worthless at the end of the project. An additional $4,500 of net working capital will be required throughout the life of the project. What is the project's net present value if the required rate of return is 12 percent? $4,057.03 $8,557.03 $5,354.02 $13,057.03 $2,250.00

Reference no: EM131022606

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