Question
A company is considering a 10-year project that would require an intial cash outflow in the amount of $3,000,000 at the beginning of project (i.e.
A company is considering a 10-year project that would require an intial cash outflow in the amount of $3,000,000 at the beginning of project (i.e. t=0). The project has expected cash inflows in the amount of $500,000 at the end of each of the 10 years. The company requires a 10% return on investment. What is the NPV for this project?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
