Question: You have been asked to evaluate a 5-year project that will provide the following cash flows: Year Cash Flow 0 -$225,500 1 $62,200 2 $53,520
You have been asked to evaluate a 5-year project that will provide the following cash flows:
| Year | Cash Flow |
|---|---|
| 0 | -$225,500 |
| 1 | $62,200 |
| 2 | $53,520 |
| 3 | $53,030 |
| 4 | $53,840 |
| 5 | $55,090 |
The required return is 9.2 percent. What is the project's NPV?
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