Your boss is considering a 5 year investment project If the project is accepted, it would require an immediate spending of $626 to buy all necessary production equipment This equipment would be sold at the end of the project and bring your company estimated $144 in sale proceeds after taxes (or after tax salvage value) The team recommends immediately setting aside $51 in cash to cover any unforeseen expenses Your boss's consulting team also estimated that the annual after tax profits (or operating cash flows) would equal $151 The required annual rate of return is 9 2 What is the Net Present Value of this proposed investment project If your answer is negative, don't forget the minus sign Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher Only round your final answer to TWO decimal places For example, 1,000 23 or 1,000 23 Do NOT use $ in your answer

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Your boss is considering a 5-year investment project. If the project is accepted, it would require an immediate spending of $626 to buy all necessary

Your boss is considering a 5-year investment project.

If the project is accepted, it would require an immediate spending of $626 to buy all necessary production equipment. This equipment would be sold at the end of the project and bring your company estimated $144 in sale proceeds after taxes (or after-tax salvage value).
The team recommends immediately setting aside $51 in cash to cover any unforeseen expenses.
Your boss's consulting team also estimated that the annual after-tax profits (or operating cash flows) would equal $151.

The required annual rate of return is 9.2%.

What is the Net Present Value of this proposed investment project? If your answer is negative, don't forget the minus sign!

Increase decimal places for any intermediate calculations, from the default 2 to 6 or higher. Only round your final answer to TWO decimal places. For example, 1,000.23 or -1,000.23 Do NOT use "$" in your answer.