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Sunland Corp. management is planning to spend $650,000 on a new marketing campaign. It believes that this action will result in additional cash flows of
Sunland Corp. management is planning to spend $650,000 on a new marketing campaign. It believes that this action will result in additional cash flows of $314,000 over the next three years. If the discount rate is 17.5 percent, what is the NPV of this project? (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45). Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.)
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