Manheart has developed a project that requires an immediate investment of $300. The project's long-term cash flows
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Manheart has developed a project that requires an immediate investment of $300. The project's long-term cash flows are $70 for 7 consecutive years beginning in one year. If the project has a required rate of return of 9%, what is the project's NPV. Project NPV: $ Place your answer in dollars and cents. Do NOT include a dollar sign or a comma in your NPV. For example, an answer of ten thousand should be placed as 10000. If applicable, indicate negative amounts with a minus sign in front of the number. Work your analysis using at least 4 decimal places of accuracy.
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