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The companys discount rate is 7 what is the net present

Question - Bevans Corporation is considering a capital budgeting project that would require an initial investment of $190,000. The investment would generate annual cash inflows of $58,000 for the life of the project, which is 4 years. The company's discount rate is 7%. What is the net present value of the project closest to?

A. $6,446

B. $42,000

C. $196,446

D. $190,000

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Accounting Basics: The companys discount rate is 7 what is the net present

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