A project implies an initial investment in the current year (year 0) of $500. However, three possible scenarios are presented:

1. You must calculate the NPV of the investment in each of the scenarios, assuming an opportunity rate of 15.2% per year.

O Stage 1 Income Cost 0 0 1 0 2 400 Stage 2 Income Cost 500 0 300 0 100 600 200 800 Stage 3 Income Cost 500 0 300 0 200 650 500 400 0 200 3 w 1000 100 750