Question
A company is considering a 6-year project that would require an intial cash outflow in the amount of $100,000 at the beginning of project (i.e.
A company is considering a 6-year project that would require an intial cash outflow in the amount of $100,000 at the beginning of project (i.e. t=0). The project has expected cash inflows in the amount of $28,000 at the end of each of the 6 years. The company requires a 11% return on investment. What is the NPV for this project?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
