Waste Industries is evaluating a $51,800 project with the following cash flows.

YearsCash

Flows1$9,950

218,900

326,100

418,600

531,100

The coefficient of variation is .494.

Coefficient of variationDiscount rate

0.000.257%

0.260.5013

0.510.759%

0.761.0017%

1.011.2521%

Compute the net present value (NPV).(Negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round the final answer to the nearest whole dollar. Omit the $ sign in the answer.)

Net present value

Based on the net present value, should the project be undertaken?