The Treasurer of Moribund Corp. has finished her bond refunding analysis and she just needs to calculate the final value. Using the following cash flows, determine the final Net Present Value for her: - Duplicate interest during overlap = $50,000 - Cost savings in lower interest rates = $1,782,164 - Net cost of call premium $1,600,000 - Net cost of borrowing expenses on the new issue $349,515

a.$481,679

b.$581,697

c.-$481,697

d.-$217,351