D Question 13 $4,669,542 - Johnson Entertainment Systems is setting up to manufacture a new...
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D Question 13 $4,669,542 - Johnson Entertainment Systems is setting up to manufacture a new line of video game consoles. The cost of the manufacturing equipment is $1,853,000. Expected cash flows over the next four years are $786,000, $891,000, $1,260,000, and $1,480,000. Given the company's required rate of return of 11.5 percent, what is the NPV of this project? (Do not round intermediate computations. Round final answer to nearest dollar.) O $2,919,806 $1,435,131 $3,122,607 1 pts
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