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The Westerfield Corporation is considering a project with the following cash flows: Time 0: Purchase machinery for $3000 Time 1: Buy inventory $2100 Time 2:
The Westerfield Corporation is considering a project with the following cash flows: Time 0: Purchase machinery for $3000 Time 1: Buy inventory $2100 Time 2: Sales (net of expenses) $4000 Time 3: Sales (net of expenses) $4000 Time 4: Clean up costs: $800 Westerfield's discount rate is 7.5%. What is the NPV of the project? (Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.) Numeric Response
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