M11-5 Calculating Net Present Value LO 11-3] Citrus Company is considering a projoct that has...
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M11-5 Calculating Net Present Value LO 11-3] Citrus Company is considering a projoct that has estimated annual net cash flows of $28,755 for nine years and is estimated to cost $135,000. Citrus's cost of capital is 11 percent. Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1. Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Negative amount should be indicated by a minus sign. Round your final answer to 2 decimal places.) t Present Value
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