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Calgate Corporation is considering a project that has an up-front cost of $2.5 million and is expected to produce a cash flow of $750,000 at
Calgate Corporation is considering a project that has an up-front cost of $2.5 million and is expected to produce a cash flow of $750,000 at the end of each of the next 4 years. The project's cost of capital is 11%. What is the company's NPV?
-$2,656,005
-$173,166
($156,005)
$2,326,834
None of the above.
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