Arrange the following steps in logical sequence regarding how to compute Net Present Value (NPV).

A. Calculate Net Present Value (NPV) i.e. Present Value of all cash inflows - present value of all cash outflows

B. Calculate all the cash outflows associated with the project

C. Calculate all the cash inflows associated with the project

D. Calculate the present value of all cash inflows associated with the project

E. Calculate the present value of all cash outflows associated with the project

Choose the correct answer from the options given below:

1
A, B, C, E, D
2
B, C, E, D, A
3
A, C, B, E, D
4
A, C, B, D, E

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