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Company Ais contemplating building a new plant. The company anticipates that the plant will require an initial investment of $4,490,907 in net working capital today.

Company Ais contemplating building a new plant. The company anticipates that the plant will require an initial investment of $4,490,907 in net working capital today. The plant will last 10 years, at which point the full investment in net working capital will be recovered. Given an annualdiscount rate of 6.38%, what is the net present value of this working capital investment?

PLEASE USE 4 DECIMAL PLACES

NOTE: Submit your answers with 4decimals after thedot.Do not include the "$" sign

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