Question $22$

$7$ pts

Manta Lasers Co$.$ has been working on new innovative laser for the past $2$ years. Investment into the production of the new laser will cost them $$900,000.$ They have analyzed the future cash flows based on experience with their existing projects and demand for lasers. They forecast the following free cash flows after all the expenses for the next $6$ years: $$200,000,$$$250,000,$$$275,000,$$$300,000,$$$350,000$ and $$400,000.$

If the cost of capital for the firm is $12\mathrm{.}5\%,$ what is the NPV for this project?