Your firm is considering a new project. The firm is 100% equity financed, and you believe the project will have about the same level of risk as the firm. You know that your firm has a beta of 1.4, the risk-free rate is 2.4 percent, and you expect the market return to be 10.0 percent. You have the following cash flow estimates, quoted in nominal dollars. Year Nominal Dollars 0 $(35,000.00) 1 $12,500.00 2 $15,000.00 3 $17,000.00

What is the NPV of the project?

This can be answered in excel.