Meta Platforms Inc (META) is considering an investment in the metaverse that cost $3609 million. Assume that a required rate of return of 4.95% and the following cash flow schedule:

Year 1: $1914 million

Year 2: $1530 million

Year 3: $1082 million

The metaverse projects net present value (NPV) is closest to

A.

$481.52 million.

B.

$511.85 million.

C.

$539.81 million.

D.

$558.08 million.