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Oakmont Company has an opportunity to manufacture and sell a new product for a four - year period. The company's discount rate is 1 7
Oakmont Company has an opportunity to manufacture and sell a new product for a fouryear period. The company's discount rate is and it estimated the following costs and revenues for the new product:When the project concludes in four years, the working capital will be released for investment elsewhere within the company.Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors using tables.Required:Calculate the net present value of this investment opportunity.Note: Round your final answer to the nearest whole dollar amount.Net present value
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