Let's say you have the opportunity to invest in a project that will require you to invest $133,292.00 today.  You will receive positive after tax cash flows of $37,000 at the end of each of the next six years.  At the end of that sixth year, you will also receive a terminal value payment of $22,000 after tax.  Your cost of capital is 11.0%.  What is the NPV of the project?   Round to the nearest $ and use the $ symbol..and use a comma in your number if applicable.  No decimals.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 27P
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Let's say you have the opportunity to invest in a project that will require you to invest $133,292.00 today.  You will receive positive after tax cash flows of $37,000 at the end of each of the next six years.  At the end of that sixth year, you will also receive a terminal value payment of $22,000 after tax.  Your cost of capital is 11.0%.  What is the NPV of the project?   Round to the nearest $ and use the $ symbol..and use a comma in your number if applicable.  No decimals.

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