Question
A project has an initial cost of $43,325, expected net cash inflows of $12,000 per year for 9 years, and a cost of capital of
A project has an initial cost of $43,325, expected net cash inflows of $12,000 per year for 9 years, and a cost of capital of 14%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
