Caldwell Corporation is considering an investment proposal that will require an initial outlay of $804,000 and would yield yearly cash inflows of $200,000 for nine years. The company uses a discount rate of 10%. What is the NPV of the investment? Present value of an ordinary annuity of $1: 1 2 3 4 5 6 896 0.926 1.783 2.577 3.312 3.993 4.623 5.206 5.747 6.247 9% 0.917 1.759 2.531 3.24 3.89 4.486 5.033 5.535 5.995 10% 0.909 1.736 2.487 3.17 3.791 4.355 4.868 5.335 5.759 7 8 9 Select one: $347,800 $350,000 $402,000 $251.667