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The following details are provided by Ferrous Foundry Company: What is the NPV of the project A. $(636,228) B. $590,000 C. $618,409 D. $(594,486) Initial

The following details are provided by Ferrous Foundry Company:
What is the NPV of the project

A. $(636,228)
B. $590,000
C. $618,409
D. $(594,486)

Initial INvestment $5,000,000
Discount Rate 15%
Yeary Inflows:
1 $1,256,000
2 $ 1,360,000
3 $ 2,402,000
4 $ 1,158,000

PV of 1$
13% 14% 15%
1 .885 .887 .87
2 .783 .769 .756
3 .693 .675 .658
4 .613 .592 .572

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