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A company is considering an investment that will cost $938,000 and have a useful life of 6 years. The cash flows from the project are

A company is considering an investment that will cost $938,000 and have a useful life of 6 years. The cash flows from the project are expected to be $486,000 per year in the first two years t hen $164,000 per year for the last 4 years. If the appropriate discount rate is 14.7 percent per annum, what is the NPV of this investment (to the nearest dollar)? a. $213189 b. $2089189 c. $221602 d. $326197

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