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Kedsky is pianning to raise $4.35 million for three years at an interent rate of 7.k5 pereent to finanse their expansion. The Marion County Board

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Kedsky is pianning to raise $4.35 million for three years at an interent rate of 7.k5 pereent to finanse their expansion. The Marion County Board bas just offered the firm the $4.35 milhen they need at bo percent if the firm builds in Marion County, pays the interest annually, and repays the principal is the end of three years. What is the net present value of the loan to Redsky if the firm's tax rate is 21 percent and it nesepls the county's offer? $186,416$293,651$312,100$349,588

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