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What is the net present value (NPV) of a project that has an initial cash outflow of $13,540, at time 0, and the following cash
What is the net present value (NPV) of a project that has an initial cash outflow of $13,540, at time 0, and the following cash inflows? The required return is 13.0%.
| Year | Cash Flow |
| 1 | $7,282 |
| 2 | $7,367 |
| 3 | $5,018 |
| 4 | $7,530 |
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