Question: Ross enterprises is considering a 3 year project with the following cash flows: Time 0: spend $2400 Time 1: collect $1100 Time 2: collect $1800

Ross enterprises is considering a 3 year project with the following cash flows:

Time 0: spend $2400

Time 1: collect $1100

Time 2: collect $1800

Time 3: collect $700

Ross's discount rate is 8.0%.

What is the Net Present Value of the project?

(Do not round intermediate calculations. Round the final answers to 2 decimal places.)

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