In: Finance
Nielson Motors is considering an opportunity that requires an investment of $1,000,000 today and will provide $250,000 one year from now, $450,000 two years from now, and $650,000 three years from now. If the appropriate interest rate is 10%, then the NPV of this opportunity is closest to:
A. |
$350,000 |
|
B. |
-$88,000 |
|
C. |
$1,350,000 |
|
D. |
$88,000 |