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The following details are provided by Volvox Foundry Company: Initial investment $ 5 comma 020 comma 000 Discount rate 15% Yearly cash flows 1 $
The following details are provided by Volvox Foundry Company: Initial investment $ 5 comma 020 comma 000 Discount rate 15% Yearly cash flows 1 $ 1 comma 262 comma 000 2 $ 1 comma 352 comma 000 3 $ 2 comma 404 comma 000 4 $ 1 comma 158 comma 000 PV of $1: 13% 14% 15% 1 0.885 0.877 0.87 2 0.783 0.769 0.756 3 0.693 0.675 0.658 4 0.613 0.592 0.572 What is the NPV of the project? . A.$(594 comma 032) B. $ 621 comma 363 C. $ 592 comma 360 D. $(655 comma 740
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