Question
A magazine publisher wants to launch a new magazine geared to college students. The start-up costs, due immediately, are $700. The project's expected cash flows
A magazine publisher wants to launch a new magazine geared to college students. The start-up costs, due immediately, are $700. The project's expected cash flows are $300 for 4 consecutive years beginning one year from today. What is the project's NPV if the required rate of return is 6.00%?
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
