Question
A factory costs $500,000. It will produce an inflow after operating costs of $150,000 in year 1, $250,000 in year 2, and $350,000 in year
A factory costs $500,000. It will produce an inflow after operating costs of $150,000 in year 1, $250,000 in year 2, and $350,000 in year 3. The discount rate is 12%. Calculate the NPV including the initial costs. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Net present value $
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
