Pentvalueof$1ods345610%0.7510.6830.6210.56412%0.7120.6360.5670.50714%0.6750.5920.5190.45616%0.6410.5520.4760.410 Present value of 31 Present Value of Annuity of 51 Hadden Corporation is evaluating a capital investment opportunidy. This project would requice an initial investment of 534,000 to purchase equpment. The equigment will have a residual value at the end of its lie of $4,000. The useful life of the equipment is 6 years. The new project is expected to genemte additional net cash inflows of $15,000 per year for each of the sax years. The compony's required rate of return is 10%. The net present value of this project is closest to: A. 57,333 8. 533,581 C. 531,325 D. $48,405