Gao Enterprises plans to build a new plant at a cost of $3,250,000. The plant is...

Transcribed Image Text:

Gao Enterprises plans to build a new plant at a cost of $3,250,000. The plant is expected to generate annual cash flows of $1,225,000 for the next six years. If the firm's required rate of return is 15 percent, what is the NPV of this project? (Do not round intermediate calculations.) $856,390 O $4,635,991 $1,385,991 O $4,100,000 Gao Enterprises plans to build a new plant at a cost of $3,250,000. The plant is expected to generate annual cash flows of $1,225,000 for the next six years. If the firm's required rate of return is 15 percent, what is the NPV of this project? (Do not round intermediate calculations.) $856,390 O $4,635,991 $1,385,991 O $4,100,000