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The following details are provided by Ferrous Foundry Company: Initial investment Discount rate Yearly cash inflows $5,020,000 15% AWN- $1,256,000 $1,368,000 $2,402,000 $1,166,000 Present Value
The following details are provided by Ferrous Foundry Company: Initial investment Discount rate Yearly cash inflows $5,020,000 15% AWN- $1,256,000 $1,368,000 $2,402,000 $1,166,000 Present Value of $1: 13% 0.885 2 0.783 3 0.693 0.613 14% 0.877 0.769 0.675 0.592 15% 0.87 0.756 0.658 0.572 What is the NPV of the project? O A. $(596,304) O B. $618,409 OC. $(645,604) O D. $592,360
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