17) A company is considering an investment that will cost $810,000 and have a useful life of 7 years. The cash flows fro

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17)
A company is considering an investment that will cost $810,000
and have a useful life of 7 years. The cash flows from the project
are expected to be $402,000 per year in the first two years then
$137,000 per year for the last 5 years. If the appropriate discount
rate is 12.0 percent per annum, what is the NPV of this investment
(to the nearest dollar)?
a.
$363255
b.
$1883098
c.
$259373
d.
$263098