Demonstrate what is the net present value of the investment

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Question 1: Gamma Corporation is considering an investment of $516,000 in a land development project. The investment will yield cash inflows of $200,000 per year for five years. The company uses a discount rate of 9%. What is the net present value of the investment?

Option a $237,360

Option b $340,560

Option c $200,000

Option d $262,000

Reference no: EM132529081

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