You’ve been asked to evaluate a project. Your estimates say thatthe first cashflow of $120k will occur one year from today. Youbelieve the cashflows will increase by 4% per year for 4 additionalyears. After that point, the cashflows will remain the same for 5years. The upfront cost to take the project is $950k, and theappropriate discount rate is 6%. What is the project’s NPV? PLEASEPOST THE ANSWER IN THE EQUATION FORMAT - NO NEED TO SOLVE FORACTUAL NUMBER.
