Question
A project costs $360,000 initially and will generate project cash flows of $50,000 every year for 8 years. The required return for the project is
A project costs $360,000 initially and will generate project cash flows of $50,000 every year for 8 years. The required return for the project is 11%.
What is the NPV of the project (in $)?
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
