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A project has a required return of 12.2 percent, an initial cash outflow of -$51,300, and cash inflows of $13,350 in Year 1, $14,100 in

A project has a required return of 12.2 percent, an initial cash outflow of -$51,300, and cash inflows of $13,350 in Year 1, $14,100 in Year 2, and $27,200 in year 3. What is the net present value?

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-$10,213

-$6,982

-$7,145

-$8,944.13

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