Would you recommend a project that has a net investment at time 0 of $15,500 and a single net cash flow of $28,600 at the end of the fifth year if the required rate of return is 12.5%?
a. No, the project has a negative net present value
b. Yes, the project has a positive net present value of $2,093
c. Yes, the project has a positive net present value of $371
d. Yes, the project has a net present value of zero