The following details are provided by Doppler Company
Initial investment $2,020,000
Discount rate 12%
Yearly cash flows
1 $210,000
2 $414,000
3 $414,000
4 $414,000
5 $210,000
Present Value of $1:
10% 11% 12% 13%
1 0.909 0.901 0.893 0.885
2 0.826 0.812 0.797 0.783
3 0.751 0.731 0.712 0.693
4 0.683 0.659 0.636 0.613
5 0.621 0.593 0.567 0.543
Calculate the NPV of the project.
A) $(959,500 )
B) $(825,370 )
C) $1,015,050
D) $252,500
B .
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