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Question 13 Not yet awered Marked out of 2.00 Flag question Odeletta Corporation is considering an investment of $518,000 in a land development project. The

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Question 13 Not yet awered Marked out of 2.00 Flag question Odeletta Corporation is considering an investment of $518,000 in a land development project. The investment will yield cash inflows of $220,000 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: 1 2 8% 94 0.926 0.917 1.783 1.759 2.57 3.51 3.312 3.993 3.89 10% 0.909 1.736 2.487 3.17 3.791 " 5 Select one: A. $341,880 OB. $220,000 C. $337,800 D. $238.280

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