Question: Gl. Flid Exdll Saved Help Save & Exit Sub You expect your new art gallery will require an initial cash outlay of $85,000 for the

 Gl. Flid Exdll Saved Help Save & Exit Sub You expect

Gl. Flid Exdll Saved Help Save & Exit Sub You expect your new art gallery will require an initial cash outlay of $85,000 for the space and an additional cash outlay of $25.000 in Year 1 to cover acquiring art to resell. During Years 2 through 4, you project your art gallery will generate free cash inflows of $65.000 a year. What is the net present value of this project at a discount rate of 9.2 percent? Enter your answer WITHOUT "$ or commas or decimals. For example, if the answer is $12.340.64, then you would enter the answer as 12341 13:19

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