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You are considering a project that requires an initial investment of $ 8 8 , 0 0 0 with a cost of capital of 1

You are considering a project that requires an initial investment of $88,000 with a cost of capital of 14%. You expect the project to have a five-year life, and produce cash flows of $19,000 in year 1, $32,000 in year 2, $54,000 in year 3, $26,000 in year 4 and $10,000 in year 5.
What is this projects net present value?

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