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Using NPV, should you invest in a project where the initial cash outflow is $34,300 and the cash inflow in the first year is $2,650
Using NPV, should you invest in a project where the initial cash outflow is $34,300 and the cash inflow in the first year is $2,650 and "grows" at a rate of 3.3 percent thereafter? Assume cost of capital is 11.3 percent. (Enter negative amount using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45). Round answer to 2 decimal places, e.g. 5,125.25.)
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