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(ignore income taxes in this problem.) Dunay corporation is considering investing $510,000 in a project. The life of the project would be 4 year. The
(ignore income taxes in this problem.) Dunay corporation is considering investing $510,000 in a project. The life of the project would be 4 year. The project would require additional working capital of $24,000, which would be released for use elsewhere at the end of the project. The annual net cash inflows would be $162,000. The salvage value of the assets used in the project would be $41,000. The company uses a discount rate of 10%. REQUIRED: compute the net present value of the project.
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