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HO Save Your company is investigating the opportunity to invest $1,800,000 in a project that will produce MP3 players for the next years. The firm's

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HO Save Your company is investigating the opportunity to invest $1,800,000 in a project that will produce MP3 players for the next years. The firm's marginal tax rate is 20% and the discount rate for the project is 20% The accounting department and production operations department have estimated the following: After-tax Salvage Value $240,000 Annual OCF (for 4 years) $1,606,000 Initial Investment in NWC $80,000 What is the NPV of the project if the investment in NWC is recovered at the end of the project? O $2,517,508 O $2,511,829 O $2,357,508 -$1,405,679 O $2,431,829

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