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Preston Inc. is considering a new investment. The investment will cost $10 million upfront and produce $3.5 million in cash flows in each of

Preston Inc. is considering a new investment. The investment will cost $10 million upfront and produce $3.5 million in cash flows in each of the next five years. Assuming an annual cost of capital of 13.4%, what is the NPV of this new investment? A. $7,500,000 B. $2,191,107 C. $1,252,763 D. $1,005,000 E. $1,522,763

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