Question: Foster Industries has a project that has the following cash flows:
Year Cash Flow
0 -$300.00
1 100.00
2 125.43
3 90.12
4 ?
Find what cash flow will the project have to generate in the fourth year in order for the project to have a 15 percent rate of return?
[A] $103.10
[B] $150.75
[C] $15.55
[D] $58.95
[E] $100.25