Question: 34 A firm is evaluating a project with an initial cost of $ 634,211 and annual cash inflows of $ 298,465 per year (first cash

34
34 A firm is evaluating a project with an initial cost of

A firm is evaluating a project with an initial cost of $ 634,211 and annual cash inflows of $ 298,465 per year (first cash flow to be received exactly one year from today) for each of the next 5 years. If the cost of capital for this project is 10 %, what is this project's NPV? Round your answer to 2 decimal places and record without a dollar sign and without any commas. If your answer is a negative value, enter a minus sign before your number with no space between the sign and the number. Your

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