Question
24-The estimated annual after-tax cash flows of a proposed investment are shown below: Year 1: $10,000 Year 3: $138,000 Year 2: $15,000 The initial cost
24-The estimated annual after-tax cash flows of a proposed investment are shown below:
Year 1: $10,000
Year 3: $138,000
Year 2: $15,000
The initial cost of the investment is $100,000, and the required rate of return is 12%. The net present value (NPV) of the project is closest to:
A. $63,000.
B. $19,113.
C. -$66,301.
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Money Locates You
Authors: Joan Ekobena
1st Edition
1774821257, 978-1774821251
