Question
A firm is evaluating a project with an initial cost of $ 893,225 and annual cash inflows of $ 221,745 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 893,225 and annual cash inflows of $ 221,745 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 9 %, what is this project's NPV? SHOW CALCULATE WITH FINANCE CALCULATOR
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
