A retailer is looking to expand operations at all of their stores for an

initial investment of $$720.$ 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 $$530$ in consecutive years

over the life of the project beginning one year from today, while also

producing annual cash outflows of $$340$ 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 $32\%$ and the project's required

rate of return is $15\%?$

$$1484\mathrm{.}06$

$$802\mathrm{.}40$

$$198\mathrm{.}34$

$$44\mathrm{.}06$

$$-343\mathrm{.}69$