Determine what is the npv of the project of monroe inc

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Problem 1: 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?

Saved Year  Project

0 ($11,368,000)

1 $ 2,202,589

2 $ 3,787,552

3 $ 3,125,650

4 $ 4,115,899

5 $ 4,556,424

Reference no: EM132932118

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