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Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 18\%. After careful stucty. Oakmont estimated the following costs and revenues for the new product When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view and Exhibit 148-2, to determine the appropriate discount factoris) using tables. Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollor amount.) Present Value of an Annuity of $1 in Arrears; r11(1+r)21 |