You are evaluating a project with the following cash flows: initial investment is $-17, and the expected
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You are evaluating a project with the following cash flows: initial investment is $-17, and the expected cash flows for years 1 - 3 are $7, $20 and $19 (all cash flows are in millions of dollars). What is this projects NPV? The company's WACC is 11%. Express your answer in millions of dollars, rounded to 2 decimals and without the dollar sign.
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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