Odeletta Corporation is considering an investment of $508,000 in a land development project. The investment will yield cash inflows of $206,000 per year for five years The company uses a discount rate of 9%. What is the net present value of the investment? Present value of an ordinary annuity of $1 8% 0.926 1.783 2.577 3.312 3.993 golo 0.917 1.759 2.531 3.24 3.89 10% 0.909 1.736 2.487 3.17 3.791 4 O A. $293,340 O B. $335,280 O c. $233,680 O D. $206,000