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Current Attempt in Progress Sheridan Compacts will generate cash flows of $29,200 in year 1, and $65,300 in year 2. However, if it makes an
Current Attempt in Progress Sheridan Compacts will generate cash flows of $29,200 in year 1, and $65,300 in year 2. However, if it makes an immediate investment of $20,100, it can instead expect to have cash streams of $52,800 in total in year 1 and $64,000 in year 2. The appropriate discount rate is 9 percent. Calculate the NPV of the proposed project. (Enter negative amount using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45). Round answer to 2 decimal places, e.g. 25.25.) NPV
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