Question
A company is considering a 5-year project that would require an intial cash outflow in the amount of $2,000,000 at the beginning of project (i.e.
A company is considering a 5-year project that would require an intial cash outflow in the amount of $2,000,000 at the beginning of project (i.e. t=0). The project has expected cash inflows in the amount of $600,000 at the end of each of the 5 years. The company requires a 12% return on investment. What is the NPV for this project?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
