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Manheart has developed a project that requires an immediate investment of $ 220 . The project's long-term cash flows are $ 115 for 5 consecutive
Manheart has developed a project that requires an immediate investment of $220. The project's long-term cash flows are $115 for 5 consecutive years beginning in one year. If the project has a required rate of return of 6%, what is the project's NPV. Project NPV: $_ Place your answer in dollars and cents. Do NOT include a dollar sign or a comma in your NPV. For example, an answer of ten thousand should be placed as 10000. If applicable, indicate negative amounts with a minus sign in front of the number.
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