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NET PRESENT VALUE
8. The Quarry Corporation will invest $238,000 in a project that will produce the following cash flows. The cost of capital is 8 percent. Compute the Net Present Value. Should the project be undertaken?
YEARÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CASH FLOW
    1                     $52,000
    2                   $58,000
    3                     $64,000
    4                     $59,000
    5                     $55,000
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