Question
A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash Flows
A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows:
| Year | Cash Flows |
| 0 | -4,972 |
| 1 | 1,989 |
| 2 | 1,662 |
| 3 | 1,505 |
What is the NPV for the project if the required return is 11 percent? (round 1 decimal place)
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Personal Finance
Authors: Jack Kapoor
13th Edition
1260799735, 9781260799736
