Project K costs $55,000, its expected cash inflows are $8,000 per year for 12 years, and its

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Project K costs $55,000, its expected cash inflows are $8,000 per year for 12 years, and its WACC is 9%. What is the project's NPV?

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Fundamentals of Financial Management

ISBN: 978-1133541141

13th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Sep 20, 2017 10:31 AM

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Project K costs $55,000, its expected cash inflows are $8,000 per year for 12 years, and its

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Time Cash Flow Present Value 0 5500000 5500000 1 800000 733945 8000 1009 1 2 800000 6733...View the full answer

Fundamentals of Financial Management

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