Question: Question 12 (1 point) Medela's Entertainment Systems is setting up to manufacture a new line of video game consoles. The cost of the manufacturing equipment

 Question 12 (1 point) Medela's Entertainment Systems is setting up to

Question 12 (1 point) Medela's Entertainment Systems is setting up to manufacture a new line of video game consoles. The cost of the manufacturing equipment is $1,750,000. Expected cash flows over the next four years are $725,000, $850,000, $1,200,000, and $1,500,000. Given the company's required rate of return of 15 percent, what is the NPV of this project? $1,169,806 $2,919,806 $4,669,806 $3,122, 607

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