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Let's imagine that we are evaluating a 5-year project that will provide cash flows of $40,100, $84,510, $63,330, $61,470, and $44,730. The project has an
Let's imagine that we are evaluating a 5-year project that will provide cash flows of $40,100, $84,510, $63,330, $61,470, and $44,730. The project has an initial cost of $188,000 and the required return is 8.6 percent. What is the project's NPV, rounding to 2 decimal places?
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