Free Series 65 Practice Test (90 Questions)

A project costs $10,000 today and is expected to return $4,000 at the end of year 1, $5,000 at the end of year 2, and $3,000 at the end of year 3. A client requires an 8 percent discount rate. What is the project's approximate net present value?

• AA loss of about $372
• BA gain of about $372
• CA loss of about $1,458
• DA gain of $2,000

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