Question: A firm is evaluating a project with an initial cost of $698,885 and annual cash inflows of $274,332 per year (first cash flow to be
A firm is evaluating a project with an initial cost of $698,885 and annual cash inflows of $274,332 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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