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A project requires an initial investment of -$850,000 today. You forecast incremental cash flows in years 1 through 4 to be $361,000; $248,000; $227,000; and
A project requires an initial investment of -$850,000 today. You forecast incremental cash flows in years 1 through 4 to be $361,000; $248,000; $227,000; and $254,000. If the cost of capital is 9%, what is the project's NPV? Round your answer to the nearest dollar. Be sure you enter a negative sign (-) if your answer is a negative number.
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