Hi Lighter Inc is considering a project with an initial-11038

Hi Lighter, Inc., is considering a project with an initial investment of $25,000 that generates cash-inflows of $10,000 per year for 8 years starting today. What is the net present value of this project if the firm requires a 15% rate of return on this project? (Choose the nearest figure.)

This multiple choice question (MCQ) is related to the book/course vu fin622 Corporate Finance. It can also be found in vu fin622 Final Term - Quiz No.16.