Question
A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 7years, and a cost of capital of 11%.
A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 7years, and a cost of capital of 11%.
a. What is the projects NPV? (Hint: Begin by constructing a time line.)
b. What is the projects IRR?
c. What is the projects MIRR?
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Short Term Financial Management
Authors: Terry S. Maness, John T. Zietlow
2nd Edition
0030315131, 978-0030315138
