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Question 15 (3.5 points) What is the net present value of a project with a $44,800 initial investment and expected net cash flows of $18,800,
Question 15 (3.5 points) What is the net present value of a project with a $44,800 initial investment and expected net cash flows of $18,800, $23,600, and $28,800 in each of the next three years, assuming an appropriate discount rate of 9.9%? Round to the nearest whole number, do not use $ sign (i.e. correct format 3,452) A
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