Question: - 4 6 0 , 8 2 1 . 0 0 USE THE HINT TO SOLVE: Subomt Answer format: Currency: Round to: 2 decimal places.

-460,821.00
USE THE HINT TO SOLVE: Subomt
Answer format: Currency: Round to: 2 decimal places.
A developer purchased 100 acres two years ago in hopes of devoloping a new mixed-use conservation property with residential and commercial space. In the past two years, the developer has spent $200,000.00 on legal fees and application fees to seek approval of the ptan. This morning, the developer got the approval fo proceed. However, the market has changed and he is not sure of the project's value. His latest market analysis suggests that his project will have the following after-tax cash flows:
\table[[YEAR,0(today),1,2,3,4],[Cash flow,-$300,692.00,-$150,000.00,$150,000.00,$150,000.00,$150,000.00
- 4 6 0 , 8 2 1 . 0 0 USE THE HINT TO SOLVE:

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