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Carland, Inc., has a project available with the following cash flows. If the required return for the project is 9.9 percent, what is the project's

Carland, Inc., has a project available with the following cash flows. If the required return for the project is 9.9 percent, what is the project's NPV?

Year Cash Flow
0 ?$278,000
1 90,300
2 112,400
3 127,800
4 78,900
5 ?14,000

$38,861.32

$29,394.61

$47,593.84

$33,593.84

$56,326.36

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