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Your firm is looking at a new investment opportunity, Project Alpha, with net cash flows as follows: ---- Net Cash Flows ---- Project Alpha Initial

Your firm is looking at a new investment opportunity, Project Alpha, with net cash flows as follows:

---- Net Cash Flows ----

Project Alpha

Initial Cost at T-0 (Now) ($10,000)

cash inflow at the end of year 1 6,000

cash inflow at the end of year 2 5,000

cash inflow at the end of year 3 2,000

Calculate project Alpha's Net Present Value (NPV), assuming your firms required rate of return is 10%.

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