Question
A company can purchase a piece of equipment for $4,380. The equipment has a three-year life and will produce cash inflows of $1,400 in each
A company can purchase a piece of equipment for $4,380. The equipment has a three-year life and will produce cash inflows of $1,400 in each of the first and second years and $3,220 in the third year. Assuming a required return of 15.00%, what is the project's NPV today?
|
| $11.88 |
|
| $12.21 |
|
| $12.53 |
|
| $12.86 |
|
| $13.19 |
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The Wall Street Journal Complete Personal Finance Guidebook
Authors: Jeff D. Opdyke
1st Edition
030733600X, 978-0274804573
