Question: 4 points A firm is evaluating a four-year project that requires an investment today of $2.9 million. In addition, the project will require a

4 points A firm is evaluating a four-year project that requires an

4 points A firm is evaluating a four-year project that requires an investment today of $2.9 million. In addition, the project will require a one-time injection of working capital of $219,000 today that will be recovered at project end. The project is estimated to provide operating cash flows of $690,000 each year for the four years. The firm's discount rate is 11% What is the NPV of the project? Enter your answer rounded to the nearest dollar. Type your answer...

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