QUESTION 15 Odeletta Corporation is considering an investment of $400,000 in a land development projed The investment will yield cash inflows of $100,000 per year for four years. The company uses a discount rate of 10%. What is the net present value of the investment? 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 3.312 3.24 3.17 3.791 3.89 3.993 5 $(300,000) $300,000 $83,000 . $(83,000)