Question
A firm is evaluating a project with an initial cost of $ 844,560 and annual cash inflows of $ 337,427 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 844,560 and annual cash inflows of $ 337,427 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 8 %, what is this project's NPV? Round to 2 decimal places.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
