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A project has the following cash flows: -788 in year 0, 2,870 in year 1, 1,200 in year 2, and 1,545 in year 3. What
A project has the following cash flows: -788 in year 0, 2,870 in year 1, 1,200 in year 2, and 1,545 in year 3. What is the net present value (NPV) of the project if the required return is 12 percent? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the answer.
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