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question 117

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(Present value tables are needed. ) O'Mally Department Stores is considering two possible expansion plans.One proposal involves opening 5 stores in Indiana at the cost of $1,920,000.Under the other proposal,the company would focus on Kentucky and open 6 stores at a cost of $2,500,000.The following information is available:
(Present value tables are needed. ) O'Mally Department Stores is considering two possible expansion plans.One proposal involves opening 5 stores in Indiana at the cost of $1,920,000.Under the other proposal,the company would focus on Kentucky and open 6 stores at a cost of $2,500,000.The following information is available:   The net present value of the Kentucky proposal is closest to A) $557,300. B) $572,500. C) $603,380. D) $684,600.
The net present value of the Kentucky proposal is closest to


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