Question: GAME is developing a new skin for its most popular game. It believes it will generate additional cash flows beginning in 2022 of $50,000, growing

GAME is developing a new skin for its most popular game. It believes it will generate additional cash flows beginning in 2022 of $50,000, growing 50% in 2023, 40% in 2024 and 30% in 2025.GAME estimates that itspend $200,000 in 2021 to develop the skin, graphics, etc.GAME's cost of capital is 20%.

Calculate the Net Present Value of this decision

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