The net present value (NPV) rule is considered one of the most common and preferred criteria that generally lead to good investment decisions. Consider this case: Suppose Cold Goose Metal Works Inc. is evaluating a proposed capital budgeting project (project Beta) that will require an initial investment of $2,500,000. The project is expected to generate the following net cash flows: Year Year 1 Year 2 Year 3 Year 4 Cash Flow $275,000 $500,000 $450,000 $400,000 Cold Goose Metal Works Inc.'s weighted average cost of capital is 7%, and project Beta has the same risk as the firm's average project. Based on th cash flows, what is project Beta's NPV? O -$683,779 O $1,133,779 O-$3,633,779 O-$1,360,535

The net present value (NPV) rule is considered one of the most common and preferred criteria that generally lead to good investment decisions. Consider this case: Suppose Cold Goose Metal Works Inc. is evaluating a proposed capital budgeting project (project Beta) that will require an initial investment of $2,500,000. The project is expected to generate the following net cash flows: Cold Goose Metal Works Inci's weighted average cost of capital is 7%, and project Beta has the same risk as the firm's average project. Based on cash flows, what is project Beta's NPV? $683,779$1,133,779$3,633,779$1,360,535