How to find what is the npv of the project

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Question 1: Cortez Art Gallery is adding to its existing buildings at a cost of $2 million. The gallery expects to bring in additional cash flows of $520,000, $700,000, and $1,000,000 over the next three years. Given a required rate of return of 10 percent, what is the NPV of this project?

Option 1: -$197,446

Option 2: $1,802,554

Option 3: $197,446

Option 4: -$1,802,554

Reference no: EM132562945

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