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(Ignore income taxes in this problem.) The discount rate is 2%. Your Corporation is considering an investment project that will require an initial investment of

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(Ignore income taxes in this problem.) The discount rate is 2%. Your Corporation is considering an investment project that will require an initial investment of $15,000 and will generate the following net cash inflows in each of the three years of the project: Year 1 Year 3 Year 5 ins e ery Cash inflows......... $8,000 $6,000 $7,000 ative Cash outflows......... $0 $0 $4,500 What is the net present value for this project? 5670 5752 5496 3961 5433

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