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Tampa Corporation is considering an investment proposal that will require an initial outlay of $804,000 and would yield yearly cash inflows of $200,000 for nine

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Tampa Corporation is considering an investment proposal that will require an initial outlay of $804,000 and would yield yearly cash inflows of $200,000 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% 0.926 1.783 2.577 3.312 3.993 4.623 5.206 5.747 0.917 1.759 2.531 3.24 3.89 4.486 5.033 5.535 0.909 1.736 2.487 3.17 3.791 4.355 4.868 5.335 2 4 7 O A. $347,800 O B. $402,000 C. $251,667 O D. $350,000

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