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Consider a project with the following cash flows: Year t = 0 t =1 t = 2 t = 3 t = 4 ??? $7,500 $12,500 $15,000 $17,500 The Payback Period of this project is 2

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Consider a project with the following cash flows:

Year t = 0 t =1 t = 2 t = 3 t = 4

??? $7,500 $12,500 $15,000 $17,500

The Payback Period of this project is 2.6 years. The appropriate discount rate is 13%. Find the Net Present Value of the project.