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Tomato Inc. has a Ketchup project that has a initial investment of $ 1,000,000, The estimated life of the project is 5 years. The market
Tomato Inc. has a Ketchup project that has a initial investment of $ 1,000,000, The estimated life of the project is 5 years. The market rate of return is 5%.
Year Annual Profits
1 150,000
2 270,000
3 330,000
4 310,000
5 290,000
What is the NPV of this project?
Options: $150,000 -$190,000 $190,000 -$150,000
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