Question
1. A very peculiar project with a 43-year life requires an immediate investment of -$959,000 and will generate +$1,000 in year 1; +$2,000 in year
1. A very peculiar project with a 43-year life requires an immediate investment of -$959,000 and will generate +$1,000 in year 1; +$2,000 in year 2; +$3,000 in year 3; ... and so on until the end of its life. What is the NPV of this project for a discount rate of 0%? Round the answer to the nearest dollar. (Acceptable error = $1,000)
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
