Question
A firm is evaluating a project with an initial cost of $ 956,624 and annual cash inflows of $ 203,414 per year (first cash flow
A firm is evaluating a project with an initial cost of $ 956,624 and annual cash inflows of $ 203,414 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 10 %, what is this project's NPV?
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Risk Management And Financial Institutions
Authors: John C Hull
6th Edition
1119932483, 9781119932482
