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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

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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: 8% 9% 10% 0.926 0.917 0.909 1.783 1.759 1.736 2.577 2.531 2.487 3.312 3.24 3.17 3.993 3.89 3.791 AWN- 4.623 5.206 5.747 6.247 4.486 5.033 5.535 5.995 4.355 4.868 5.335 5.759 8 O A. $402,000 O B. $347,800 OC. $350,000 OD. $251,667

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