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A project costs $8,000. You expect the following cash flows from the project: Year Cash Flow 1 $3,000 2 $6,000 3 $5,000 4 $8,000 5
A project costs $8,000. You expect the following cash flows from the project:
| Year | Cash Flow |
| 1 | $3,000 |
| 2 | $6,000 |
| 3 | $5,000 |
| 4 | $8,000 |
| 5 | $8,000 |
If the required rate of return is 11%, what is the NPV of this project?
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International Financial Management
Authors: Jeff Madura, Roland Fox
5th Edition
1473770505, 978-1473770508
