What is the npv of the project

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Monroe Inc., is evaluating a project. The company uses a 13.8 percent discount rate for this project. Cost cash flows are shown on the table. What is the NPV of the project? Rounded to two decimal places.

Year Project

Year 0 $ -11,368,000
Year 1 $ 2,112,589
Year 2 $ 3,787,552
Year 3 $ 3,250,650
Year 4 $ 4,115,889
Year 5 $ 4,556,424

Reference no: EM132804484

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