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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 present value of the 5 cash inflows of this project?

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