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Aerospace Dynamics will invest $230,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the
Aerospace Dynamics will invest $230,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the fourth year's cash flow is negative.) Use for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. What is the net present value of the project? Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places. b. Should the project be undertaken? yes no
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