A firm is evaluating a project with an initial cost of $ 796,688 and annual cash inflows
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Question:
A firm is evaluating a project with an initial cost of $ 796,688 and annual cash inflows of $ 325,742 per year (first cash flow to be received exactly one year from today) for each of the next 5 years. If the cost of capital for this project is 11 %, what is this project's NPV?
Round your answer to 2 decimal places and record without a dollar sign and without any commas. If your answer is a negative value, enter a minus sign before your number with no space between the sign and the number.
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