Question
A company invests in a new project that has an initial outlay of $421019. The project will generate annual net cash flows of $191089 over
A company invests in a new project that has an initial outlay of $421019. The project will generate annual net cash flows of $191089 over a period of 6 years. The after-tax cost of capital is 14%.
What is the net present value of the project?
Select one:
a. $931714
b. $-931714
c. $725515
d. $322063
PLEASE ANSWER ASAP
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ISE Business Accounting
Authors: Frank Wood, Alan Sangster
8th Edition
9780273638407
