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T4 EIC 4 (Lecture) A project has the following cash flows: Y0: -$1000     Y1: ...

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T4 EIC 4 (Lecture)

A project has the following cash flows:

Y0: -$1000     Y1: $100     Y2: $500      Y3: $800

Using a discount rate of 8%, calculate the NPV of the project. 

(enter your answer with a negative sign for -NPV, wihout a positive sign for +NPV, without $ or % or commas, to 2 decimal places. e.g. 888.88 or -888.88)

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