Tampa Corporation is considering an investment proposal that will require an initial outlay of $ 812 comma 000 and would yield yearly cash inflows of $ 202 comma 000 for nine years. The company uses a discount rate of 10%. What is the NPV 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 4 3.312 3.24 3.17 5 3.993 3.89 3.791 6 4.623 4.486 4.355 7 5.206 5.033 4.868 8 5.747 5.535 5.335 9 6.247 5.995 5.759 .

A .$ 254 comma 167 B. $ 353 comma 500 C. $ 351 comma 318 D. $ 406 comma 000