Problem Set 2 Back to Assignment Attempts 0 I I Keep the Highest 01' l 5. Problem 10701 (NPV) |_'l NPV A project has an initial cost of 550,000, expected net cash inflows of 58,000 per year for 12 years, and a cost of capital of 11%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calcuiations. Round your answer to the nearest cent. $ Grade it Now Save & Continue Continue without saving