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A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,374 for Years 1 through 3, respectively. What
A project has an initial cash outflow of $40,500 and produces cash inflows of $16,450, $17,800, and $16,374 for Years 1 through 3, respectively. What is the NPV at a discount rate of 11.5 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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