A project is expected to produce cash flows of $48,000, $39,000, and $15,000 over the next three

Fantastic news! We've Found the answer you've been seeking!

Question:

A project is expected to produce cash flows of $48,000, $39,000, and $15,000 over the next three years, respectively. After three years, the project will be worthless. What is the net present value of this project if the applicable discount rate is 15.25 percent and the initial cost is $78,500?