P PUSOIDE A company is considering an iron ore extraction project that requires an initial investment of $512,000 and will yield annual cash inflows of $156,000 for four years The company's discount rate is 9%. What is the NPV of the project? Present value of an ordinary annuity of $1: 8% 9% 10% 1 0.926 0.917 0.909 1.783 1.759 1.736 2.577 2.531 2.487 3.312 3.24 3.17 3.993 3.89 3.791 4.623 4.486 4.355 5.206 5.033 4.868 5.747 5.535 5.335 6.247 5.995 5.759 10 6.71 6.418 6.145 O co own O A. $102,400 OB. $(102.400) OC. $6,560 OD. $(6,560) Felice Lucas has just won the state lottery and has the following three payout options for after - tax prize money 1. $150,000 per year at the end of each of the next six years 2. $306,000 (lump sum) now 3.$510,000 (lump sum) six years from now The annual discount rate is 9%. Compute the present value of the first option. (Round your answer to the nearest whole dollar.) Present value of an ordinary annuity of $1. 8% 9% 10% 0.926 0.917 0.909 2 1.783 1.759 1.736 2.577 2.531 2.487 3.312 3.240 3.170 3.993 3.890 3.791 4.623 4.486 4.355 5.206 5.033 4.868 V AWN Present value of $1: 8% 0.926 0.857 0.794 4 0.735 WN - 2 9% 0.917 0.842 0.772 0.708 10% 0.909 0.826 0.751 0.683 MA Arn X O A. $459,051 O B. $750,000 OC. $456,000 OD. $672.900 Present value of an ordinary annuity of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 4 3.312 3.240 3.170 3.993 3.890 3.791 4.628 4.486 4.355 7 5 206 5.033 4.868 5 6 Present value of $1: 8% 0.926 2 0.857 3 0.794 4 0.735 0.681 6 0.630 7 0.583 9% 0.917 0.842 0.772 0.708 0.650 0.596 0.547 10% 0 909 0.826 0.751 0 683 0 621 0.564 0.513 5 .. O A. $459,051 B. $750,000