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A retailer is looking to expand operations at all of their stores for an initial investment of $680. This investment will be depreciated on a

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A retailer is looking to expand operations at all of their stores for an initial investment of $680. This investment will be depreciated on a straight line basis over the project's 10 year life. The expansion is expected to produce annual cash inflows of $550 in consecutive years over the life of the project beginning one year from today, while also producing annual cash outflows of $350 in consecutive years over the life of the project, also beginning one year from today. What is the project's NPV if the corporate tax rate is 36% and the project's required rate of retum is 15%? $208.82 $85.26 $1445.26 $844.80 $-303.09

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