Question
A firm is considering a capital budgeting project that has an initial out flow of $100 followed by four inflows of $32 in years 1-4
A firm is considering a capital budgeting project that has an initial out flow of $100 followed by four inflows of $32 in years 1-4 and a cash flow in year 5 of $30. Grap h the NPV in EXCEL for interest rates from 0% to 20% in increments of 2%.
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Investment Science
Authors: David G. Luenberger
2nd Edition
0199740089, 978-0199740086
