Question: Tomato Inc. has a Ketchup project that has a initial investment of $ 1,000,000, The estimated life of the project is 5 years. The market

Tomato Inc. has a Ketchup project that has a initial investment of $ 1,000,000, The estimated life of the project is 5 years. The market rate of return is 5% Year Annual Profits 1 150,000 2 270,000 3 330,000 4 310,000 5 290,000 What is the present value of the 5 cash inflows of this project? Question 1 options: $1,100,000 -$900,000 $900,000 -$1,100,000

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