Monroe inc is evaluating a projectcost and cash flows are, Financial Management

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Monroe inc is evaluating a projectcost and cash flows are

Monroe, Inc., is evaluating a project. The company uses a 13.8 percent discount rate for this project. Cost and cash flows are shown in the table. What is the NPV of the project (must be in decimal format)? Year Project 0 ($11,368,000) 1 $ 2,172,590 2 $ 3,787,552 3 $ 3,125,650 4 $ 4,115,899 5 $ 4,556,424

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