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Petra Souvenirs plans to invest in a new souvenir boutique. Petra will invest $ 59,684. The total after tax cash flows are $42,554 for year
Petra Souvenirs plans to invest in a new souvenir boutique. Petra will invest $ 59,684. The total after tax cash flows are $42,554 for year 1, $11,956 for year 2, $14,866 for year 3 and $30,797 for year 4. The required rate of return on similar projects is 8.8 percent. Calculate the NPV of the project. Please do NOT include $ sign in your answer. Round up the answer to TWO decimal places
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