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The following details are provided by Ferrous Foundry Company: Initial investment Discount rate $5,020,000 15% Yearly cash inflows 1234 $1,250,000 $1,364,000 3 $2,410,000 $1,152,000 PV

The following details are provided by Ferrous Foundry Company: Initial investment Discount rate $5,020,000 15% Yearly cash inflows 1234 $1,250,000 $1,364,000 3 $2,410,000 $1,152,000 PV of $1: 13% 14% 15% 1 0.885 0.877 0.87 OA. $592,360 OB. $(594,032) OC. $(656,592) OD. $615,455 C

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