double boe's hurdle rate is 9%. yhe net present value of this project is $_______.

Present Value of an $1 n/i 7% 8% 9% 10% 5 0.713 0.681 0.650 0.621 6 0.666 0.630 0.596 0.564 7 0.623 0.583 0.547 0.513 8 0.582 0.540 0.502 0467 9 0.544 0.500 0.460 0424 10 0.508 0.463 0.422 0.386 10% 3.790 5 6 4.355 Present Value of an Ordinary Annuity 7% 8% 9% 4.100 3.993 3.890 4.767 4.623 4.486 5.389 5.206 5.033 5.971 5.747 5.535 6.515 6.247 5.995 7.024 6.710 6.418 7 8 4.868 5.335 5.759 6.145 9 10 Double Boe has the opportunity to invest in project that has a 8 year useful Wife and cost $35,000 and the following net cash inflows: Years 1-4 Year 5 Year 6 $0 each year $10,000 $20,000 $30,000 $10,000 Year 7 Year 8 Double Boe's hurdle rate is 9%. The net present value of this project is $