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The following details are provided by Ferrous Foundry Company: Initial investment $5,020,000 Discount rate 15% Yearly cash inflows 1 $1,250,000 234 $1,364,000 $2,414,000 $1,162,000

The following details are provided by Ferrous Foundry Company: Initial investment $5,020,000 Discount rate 15% Yearly cash inflows 1 $1,250,000 234 $1,364,000 $2,414,000 $1,162,000 PV of $1: 13% 14% 15% 1 0.885 0.877 0.87 A. $592,360 OB. $(594,032) OC. $615,455 OD. $(648,240)

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