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Kingbird Compacts will generate cash flows of $30,900 in year 1 , and $65,700 in year 2 . However, if it makes an immediate investment
Kingbird Compacts will generate cash flows of $30,900 in year 1 , and $65,700 in year 2 . However, if it makes an immediate investment of $19,500, it can instead expect to have cash streams of $56,500 in total in year 1 and $61,800 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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