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5. Project X has an expected cash outflow at time zero of 783 and has the following projected cash inflows over the next six years:

5.

Project X has an expected cash outflow at time zero of 783 and has the following projected cash inflows over the next six years:

Year

Amount

1

109

2

260

3

307

4

473

5

506

6

610

The company's weighted average cost of capital is 7.2%. What is the net present value of this project? (Show your answer to the nearest dollar, and if negative, include a minus sign, e.g. -123 or 123)

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