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(CHAPTER 9) Hats & Brooms Unlimited is considering a new project. It would require $338 as initial investment. In the next 4 years it would

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(CHAPTER 9) Hats & Brooms Unlimited is considering a new project. It would require $338 as initial investment. In the next 4 years it would generate profits in the following amounts: $66 in year 1 $93 in year 2 $47 in year 3 $111 in year 4 The annual return that is required for projects of this kind is 8.4 %. Calculate the project's net present value. If the answer is negative, don't forget the minus sign! Do NOT use "$" in your answer. Round your final answer to TWO decimal places, for example, 1,000.23

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