Question
A firm is evaluating a project with an initial cost of $ 855,635 and annual cash inflows of $ 229,530 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 855,635 and annual cash inflows of $ 229,530 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 12 %, what is this project's NPV?
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Corporate Financial Management
Authors: Douglas R. Emery, John D. Finnerty, John D. Stowe
4th Edition
1935938002, 9781935938002
