The following details are provided by Beckett Company: Initial investment $2,000,000 Discount rate 12% Yearly cash inflows 12345 $792,000 $648,000 $648,000 $648,000 $792,000 Present Value of $1: 10% 12345 11% 12% 13% 0.909 0.901 0.893 0.885 0.826 0.812 0.797 0.783 0.751 0.731 0.712 0.693 0.683 0.659 0.636 0.613 0.621 0.593 0.567 0.543