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CLUL 7:57 pm Ruiz Instructions Question 8 6 pts Consider the Obsidian Project, which requires an investment of $416,057 initially, with subsequent cash flows of

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CLUL 7:57 pm Ruiz Instructions Question 8 6 pts Consider the Obsidian Project, which requires an investment of $416,057 initially, with subsequent cash flows of $56,231, $78,304 and $97,682. We can characterize the project with the following end-of-year cash flows: Period Cash Flow o (416,057) 56,231 1 2 78,304 3 97,682 What is the net present value (NPV) of the Obsidian Project if the required rate of return for the project is 9%? Round your answer to 2 decimal places (e.g. 125.74632 - 125.75). C * O

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