Shannon Industries is considering a project which has the following cash flows Year Cash Flow 0 1 $2,000 2 3,000 3 4,000 4 2,500 The project has a payback of 2 8 years The firm's cost of capital is 12 percent What is the project's net present value NPV

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Shannon Industries is considering a project which has the following cash flows: Year Cash Flow 0 ? 1 $2,000 2 3,000 3 4,000 4 2,500

Shannon Industries is considering a project which has the following cash flows:

Year	Cash Flow
0	?
1	$2,000
2	3,000
3	4,000
4	2,500

The project has a payback of 2.8 years. The firm's cost of capital is 12 percent. What is the project's net present value NPV?

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