Nielson Motors is considering an opportunity that requires an investment of $1,000,000 today and will provide $500,000 one year from now, $750,000 two years from now. If the appropriate interest rate is 10%, then the NPV of this opportunity is closest to?

Question 11Select one:

a.

$250,000

b.

$119,835

c.

$88,326

d.

$74,380

e.

$43,871