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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 17%. After careful study,
Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 17\%. After careful study, Oakmont estimated the following costs and revenues for the rew product Wher the project concludes in four years the working capital will be released for irvestment elsewhere within the comperny, Cllck here to view Exhibit 128-1 and Exhiblt 128-2, to determine the appropriate discount factoris) using tables. (Use the tables to get your discount factors. The linked tables are the same tables as the ones in your course packet. If you cakulate discount factors using Excel or a financial cakulator, your answer may be different enough otie to rounoing that the system marks it wrong. Required: Calculate the net present value of this ifvestment opportunity. (Round your final answer to the nearest whole dollar amount.)
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