Robert, a manager, has to decide on promotions for his team members. robert contemplates promoting one of his friends despite the team member's poor performance, but decides against it because he feels it is unfair to his team. the question concerning the fairness of robert's actions is based on the

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?