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Hats & Brooms Unlimited is considering a new project. It would require $350 as initial investment. In the next 4 years it would generate profits
Hats \& Brooms Unlimited is considering a new project. It would require $350 as initial investment. In the next 4 years it would generate profits in the following amounts: - $81 in year 1 - $104 in year 2 - $45 in year 3 - $50 in year 4 The annual return that is required for projects of this kind is 8%. 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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