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Question 8 6 pts Consider the Obsidian Project, which requires an investment of $466,729 initially, with subsequent cash flows of $50,962, $79,882 and $96,535. We
Question 8 6 pts Consider the Obsidian Project, which requires an investment of $466,729 initially, with subsequent cash flows of $50,962, $79,882 and $96,535. We can characterize the project with the following end-of-year cash flows: Period Cash Flow (466,729) o 1 50,962 2 79,882 3 96,535 What is the net present value (NPV) of the Obsidian Project if the required rate of return for the project is 9%? Round your answer to 2 decimal places (e.g. 125.74632 = 125.75)
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