Problem - Net Present Value LakeFront Company is considering investing in a new dock with the following facts: $560,000 $110,000 $300,000 Initial Investment Net Annual Cash Flows Salvage Value Estimated Life Borrowing Rate Cost of Capital 5 Years 8% 10% Calculate the Net Present Value for the Project. Each correct answers for a. - f. is worth point(s) and g.- i. is worth point(s). Cash Flows Discount Factor Present Value a. b. Present Value of Net Annual Cash Flows d. e. f. Present Value of Salvage value Total 603,263 Capital Investment h. Net Present Value i. Circle only one. Accept or Reject Present Value of $1.00 Present Value of an Annuity of $1.00 Periods 8% 9% 10% Periods 8% 9% 10% 5 .68058 .64993 .62092 5 3.99271 3.88965 379079