Question: A firm is evaluating a project with an initial cost of $ 883,434 and annual cash inflows of $ 313,511 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 883,434 and annual cash inflows of $ 313,511 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 15 %, what is this project's NPV? Round your answer to 2 decimal places
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