Medela’s Entertainment systems is setting up a 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?
$1169806
$2919806
$4669806
$3122607
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