✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Assuming a 10% discount rate the Net Present Value or NPV of the following cashflows is approximately:
| Year | Cashflow |
|---|---|
| 0 | $100,000 |
| 1 | $100,000 |
| 2 | $100,000 |
| 3 | $100,000 |