Question: EX2-3 (Algo) A five-year project has... A five-year project has a projected net cash flow of $11,000 in year 1, $22,000 in year 2, $27,000

EX2-3 (Algo) A five-year project has... A

EX2-3 (Algo) A five-year project has... A five-year project has a projected net cash flow of $11,000 in year 1, $22,000 in year 2, $27,000 in year 3, $15,000 in year 4, and $19,000 in year 5. It will cost $60,000 to implement the project. If the required rate of return is 19 percent, conduct a discounted cash flow calculation to determine the NPV. (Round your answer to nearest dollar amount) The NPV for the project is

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