Norte Company is considering a project that will requi vestment of $750,000 and will return $200,000 each year for years (a) If taxes are ignored and the required rate of return is 9%, what is the project's net present value? (b) Based on this analysis, should Norton Company proceed with the project Below is a table for the present value of $1 at compound interest 9 Below is a table for the present sale of any of 51 at compound Sea 091 5033 5535 Below is a table for the present value of an annuity of $1 at compound interest. Year 9% Year 9% 1 1 0.917 6 4.486 2. 1.759 7 5.033 3 2.531 8 5.535 4 3.240 9 5.995 5 3.890 10 6.418