The following details are provided by Beckett Company: $2,020,000 Initial investment Discount rate Yearly cash inflows 129 1 2 3 $786,000 $678,000 $678,000 $678,000 $786,000 4 5 Present Value of $1: 10% 11% 12% 1 0.909 0.901 0.893 2 0.824 0.812 0.797 3 0.751 0.731 0.712 4 0.683 0.659 0.636 5 0.621 0.567 Calculate the NPV of the project. 13% 0.8851 0.783 0.693 0.6131 0.543 0.593 Select one: A. $959,500 B. 5581,870 C. 5252,500 D. $1,015,050 At the internal rate of return, the present value of net cash inflows will equal the Select one: A. average operating income B. profit from the project C. initial cost of the investment D. residual value Question 16 Not yet answered Marked out of 2.00 p Flag question Cash flows used in net present value and internal rate of return analyses ignore Select one: A. residual value B. future increased sales C.depreciation expense D. future cost savings