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The MaRS Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $475 000. The MaRs

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The MaRS Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $475 000. The MaRs Company expects cash inflows from this project as detailed below: Year 1 Year 2 Year 3 Year 4 $200,000 $275,000 $225,000 $250,000 The appropriate discount rate for this project is 16%. The net present value (NPV) for this project is closest to: $184 004 $150 000 $123 420 $179 590

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