Question: Silvertech Inc. is developing a pet gps tracking system. They estimate that it will cost $285,139 upfront to put into production and has expected cash
Silvertech Inc. is developing a pet gps tracking system. They estimate that it will cost $285,139 upfront to put into production and has expected cash flows of $95,401 in 8 quarter(s), $147,934 in 10 quarters, $171,437 in 16 quarters, and $136,717 in 28 quarters. Find the NPV of the project if its cost of capital is 10.57%.
For your consideration: would you recommend the project to Silvertech?
Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.
Enter NPV answers as a positive or negative number rounded to 2 decimal places (+ - ###.##)
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