A company is considering an investment project that requires an initial outlay of $53,920. The project is expected to generate the following cash flows over the next 4 years: Year 1: $13,545 Year 2: $17,569 Year 3: $21,606 Year 4: $25,794 If the required rate of return is 12%, calculate the Net Present Value (NPV) of the project. If the answer is $10,000.4567, write 10,000.46.简答题
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