Project b has an initial outlay of 28000 and generates


Question: Project B has an initial outlay of $28,000 and generates positive cash flows in years 1, 2, 3 and 4 of $3,238, $5,663, $9,270, and $9,120 respectively. Using a discount rate of 11.1%, what is the NPV of this project (to the nearest dollar). The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Project b has an initial outlay of 28000 and generates
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