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5. Project X has an expected cash outflow at time zero of 783 and has the following projected cash inflows over the next six years:
5.
Project X has an expected cash outflow at time zero of 783 and has the following projected cash inflows over the next six years:
Year | Amount |
1 | 109 |
2 | 260 |
3 | 307 |
4 | 473 |
5 | 506 |
6 | 610 |
The company's weighted average cost of capital is 7.2%. What is the net present value of this project? (Show your answer to the nearest dollar, and if negative, include a minus sign, e.g. -123 or 123)
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