Question
A project has an initial cost of $480,000, projected cash inflows of $311,500, cash costs of $214,650, a tax rate of 35 percent, and a
A project has an initial cost of $480,000, projected cash inflows of $311,500, cash costs of $214,650, a tax rate of 35 percent, and a weighted average cost of capital of 13.8 percent. What is the net present value of the project?
$1,003.70
-$16,497.28
-$23,822.46
$24,411.07
$15,494.02
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
