Final answer:
The question seeks to calculate the NPV but lacks essential details such as the timeframe and nature of the cash flows. Without this information, it is impossible to calculate the NPV. Complete cash flow details are needed to provide an accurate NPV calculation.
Step-by-step explanation:
The student has asked about calculating the Net Present Value (NPV) of a project with specified cash flows and a required return rate. To determine the NPV, one must discount each of the future cash flows back to their present value using the required rate of return, in this case, 8.1%. However, the question seems incomplete as it provides a cash flow figure without a timeframe or multiple cash flows to calculate the NPV properly. Furthermore, the 313,700 figure mentioned does not specify whether it is an initial investment or a cash inflow, nor does it provide any time periods associated with it.
Since the information provided is insufficient to calculate the NPV, please provide complete details including whether the 313,700 is an initial outlay or an inflow, the timeframe for the cash flows, and any additional cash flows associated with the project. With the complete information, you can apply the formula NPV = ∑ (Cash Flow / (1 + r)^t) - Initial Investment, where r is the required return and t is the time period.