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NPVCalculate the net present value (NPV) for a 15-year project with an initial investment of $50 comma 00050,000 and a cash inflow of $8 comma
NPVCalculate the net present value (NPV) for a 15-year project with an initial investment of $50 comma 00050,000 and a cash inflow of $8 comma 0008,000 per year. Assume that the firm has an opportunity cost of 17%.
Comment on the acceptability of the project.
The project's net present value is $___
(Round to the nearest cent.)
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