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q6 need help urgent Question 6 (1 point) Your firm is going to purchase a new piece of equipment. The equipment costs $720,000. The project

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Question 6 (1 point) Your firm is going to purchase a new piece of equipment. The equipment costs $720,000. The project will last 4 years. It will generate free cash flows of $100,000 in year 1. The project will generate free cash flows of $240,000 in year 2. The project will generate free cash flows of $375,000 in year 3. In the final year the project will generate free cash flows of $600,000. The required rate of return on the project is 9.1% compounded annually. What is the NPV of the project? Your answer should be accurate to two decimal places

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