Question
A firm is evaluating a project with an initial cost of $ 844,560 and annual cash inflows of $ 307,808 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 844,560 and annual cash inflows of $ 307,808 per year (first cash flow to be received exactly one year from today) for each of the next 5 years. If the cost of capital for this project is 11 %, what is this project's NPV?
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
