Use the following information to answer the question(s) below.

Nielson Motors is considering an opportunity that requires an investment of $1,000,000 today and will provide $250,000 one year from now, $450,000 two years from now, and $650,000 three years from now.

If the appropriate interest rate is 10%, then the NPV of this opportunity is closest to:

A.

($88,000).

B.

$1,300,000.

C.

$88,000.

D.

$300,000.