A new startup mensa has developed their best available


A new startup, Mensa, has developed their best available project that will require an immediate outflow (an investment today) of $50875. The project's long-term cash flows are expected to be $23475 per year for 4 consecutive years beginning in one year. If the required rate of return is 7.75%, calculate 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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Financial Management: A new startup mensa has developed their best available
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