Question
A firm is considering a 5 year project that would require an increase to net working capital of $125,000 at the start of the project.
A firm is considering a 5 year project that would require an increase to net working capital of $125,000 at the start of the project. Assuming that the required return on the project is 15%, what is the impact of this increase to net working capital on the project's NPV?
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International Financial Management
Authors: Jeff Madura
10th Edition
1439038333, 9781439038338
