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PROBLEM 14-18 Net Present Value Analysis [ LO14-2 Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The

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PROBLEM 14-18 Net Present Value Analysis [ LO14-2 Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 15%. After careful study, Oakmont 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. Required: Calculate the net present value of this investment opportunity

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