As a new financial analyst, you have been asked by your boss to evaluate two projects with two different timeframes and Net Present Values (NPV). Your boss says use a Discount Rate of 7.4%. You decide to use the Annualized NPV (ANPV) Spreadsheet from FIN 2800. For Project #A, would would be the ANPV?

• Project #A: NPV $1,000,000 and Timeframe 5 years.

Group of answer choices

ANPV: $200,487.

ANPV: $74,000.

ANPV: $246,488

ANPV: ($246,488)