Hadden Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $38,000 to purchase equipment. The equipment will have a residual value at the end of to life of 55,000. The useful life of the equipment is 5 years. The new project is expected to generate additional net cash inflows of $20,000 per year for each of the five years. The company's required rate of return is 14% The net present value of this project is closest to Present Value of $1 10% 12% 14% 16% 0.751 0.712 0.675 0641 0.683 0.636 0.592 0.552 0 621 0.567 0519 0.476 6 0564 0507 0.456 0.410 Present Value of Annuity of 51 Periods 10% 10% 16% Periods 3 4 12 ART 24 O A $33.650 OB. 553 090 OC53.030 OD. 536 255 Present Value of $1 Periods 3 10% 0.751 0.683 0.621 0.564 12% 0.712 0.636 0.567 0.507 14% 0.675 0.592 0.519 0.456 16% 0.641 0.552 0.476 0.410 Present Value of Annuity of $1 Periods 10% 3 2 487 4 3.170 5 3.791 6 4355 12% 2.402 3,037 3.605 4.111 14% 2.322 2914 3.433 3.889 16% 2246 2.798 3274 3.685 O A $33,560 B. 553 090 OC. $3880 OD $36,255 Click to select your