Calculate the NPV of a project that has an outlay of $200,000 and has annual net cash ows of $50000 per year over 6 years. The project has a salvage value (disposal value) of 10% of its original value. The required rate of return for projects of similar risk is 0.11. Note that the rate of return is quoted as a decimal, e.g. 12% p.a. is written as .12 in the question above. Your answer must be accurate to the nearest dollar. Do not enter the 55 sign when entering your answer. If your NPV is negative enter a minus sign before typing your answer, e.g. -2345. Selected Answer: 022,220 Correct Answer: 02,220 i 5