Question: Find the net present value of a project with initial cost of $5,876,000 and produces the following cash flows: $3,200,000 at the end of year

Find the net present value of a project with initial cost of $5,876,000 and produces the following cash flows: $3,200,000 at the end of year 1;$2,973,000 at the end of year 2; and $2,525,000 at the end of year 3 . The required rate of return for the project is 15 percent. $723,100 $487,286 $1,634,917 $814,852

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