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A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash ows: Cash Flow _28,600

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A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash ows: Cash Flow _28,600 $ 12,600 15,600 11,600 Year WNW 9 What is the NPV for the project if the required return is 11 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) hT'D'f t

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