Question 4 Barkely Corp has a new investment opportunity. The investment will cost $12 million today and produce $4.1 million in cash flow in each of the next five years. Assuming an annual cost of capital of 17.1%, what is the NPV of this new investment? $8,500,000 $1,976,608 $774,859 0.5 pts $1,087,225

Barkely Corp has a new investment opportunity. The investment will cost $12 million today and produce $4.1 million in cash flow in each of the next five years. Assuming an annual cost of capital of 17.1%, what is the NPV of this new investment? $8,500,000 $1,976,608 $774,859 $1,087,225