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AN The following details are provided by Beckett Company Initial investment $2,000,000 Discount rate 12% Yearly cash inflows 1 $760,000 $674,000 3 $674,000 $674,000 5

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AN The following details are provided by Beckett Company Initial investment $2,000,000 Discount rate 12% Yearly cash inflows 1 $760,000 $674,000 3 $674,000 $674,000 5 $760,000 Present Value of $1. 10% 11% 12% 13% 1.0.909 0.901 0.893 0.885 2. 0.826 0.812 0.797 0.783 3. 0.751 0.731 0.712 0.693 4.0.683 0.659 0.636 0.613 5.0.621 0.593 0.567 0.543 Calculate the NPV of the project. A $555,330 B. $950,000 C. $250,000 D. $1,005,000

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