Question: Hey Mon Corp. is adding a new assembly line at a cost of $8.5 million. Mr. Hey expects the project to generate cash flows of

Hey Mon Corp. is adding a new assembly line at a

Hey Mon Corp. is adding a new assembly line at a cost of $8.5 million. Mr. Hey expects the project to generate cash flows of $2 million $3 million, S4 million, and $5 million over the next four years. Its cost of capital is 16 percent. What is the net present value of this project? (Do not round intermediate computations. Round final answer to nearest dollar) $1,213,909 $905,888 $645,366 $777,713

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