Question: Project X has an expected cash outflow at time zero of 803 and has the following projected cash inflows over the next six years: Year
Project X has an expected cash outflow at time zero of 803 and has the following projected cash inflows over the next six years: Year Amount 1 185 2 203 3 323 4 457 5 578 6 644 The company's weighted average cost of capital is 11.3%. What is the net present value of this project? (Show your answer to the nearest dollar, and if negative, include a minus sign, e.g. -123 or 123)
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