What is the net present value of a project with the following cash flows if the required rate of return is 15 percent?
Year Cash Flow
0 -$42,398
1 13,407
2 21,219
3 17,800
A. -$1,574.41
B. -$1,208.19
C. -$842.12
D. -$2,991.34
E. $1,311.16
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