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A company is considering investing in a project that will generate cash of $4,300 in year 1, $6,500 in year 2, $8,500 in year 3,
A company is considering investing in a project that will generate cash of $4,300 in year 1, $6,500 in year 2, $8,500 in year 3, $12,000 in year 4, and $14,300 in year 5. The firm's relevant cost of capital is 6%. Assume the project has no positive cash flow in year 0. The amount the company should be willing to invest in year 0 for the project is closest to: $45,600 $37,169 $43,019 $39,399
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