The initial investment amount of an investment is 800 Million TL and the expected net cash flows for five years from the investment is 30% of this amount. If the risk- free rate (rf) is 12% and the...

Extracted text: The initial investment amount of an investment is 800 Million TL and the expected net cash flows for five years from the investment is 30% of this amount. If the risk- free rate (rf) is 12% and the firm's lowest expected rate of return (ri) on its investments is 17%, find the net present value of this investment using the equal-determination method. Show your calculations clearly.