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You are considering investing in a project which will last four years. You will invest 500,000 at the beginning of the project and in return

You are considering investing in a project which will last four years. You will invest 500,000 at the beginning of the project and in return get an annual cash-flow of 200,000. The company has calculated that the cost of capital will be 9%. The discount rate of 9% gives the following Discount Factors (DF): Year 0 1.000 Year 1 0.917 Year 2 0.841 Year 3 0.772 Year 4 0.708 What is the Net Present Value (rounded up)? A. 700,000 B. 800,000 C. 148,000 D. 300,000

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