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The following details are provided by Doppler Company: Initial investment $2,020,000 Discount rate 12% Yearly cash flows 1 $716,000 2 $650,000 3 $650,000 4 $650,000

The following details are provided by Doppler Company:

Initial investment

$2,020,000

Discount rate

12%

Yearly cash flows

1

$716,000

2

$650,000

3

$650,000

4

$650,000

5

$716,000

Present Value of $1:

10%

11%

12%

13%

1

0.909

0.901

0.893

0.885

2

0.826

0.812

0.797

0.783

3

0.751

0.731

0.712

0.693

4

0.683

0.659

0.636

0.613

5

0.621

0.593

0.567

0.543

Calculate the NPV of the project.

A.$ 1,015,050

B.$252,500

C.$419,610

D.$959,500

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