Question: A firm is evaluating a project with an initial cost of $ 925,488 and annual cash inflows of $ 331,274 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 925,488 and annual cash inflows of $ 331,274 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 9 %, 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.
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