Question
A project has an initial cost of $54,800, expected net cash inflows of $13,000 per year for 12 years, and a cost of capital of
A project has an initial cost of $54,800, expected net cash inflows of $13,000 per year for 12 years, and a cost of capital of 9%. 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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Production And Operations Analytics
Authors: Steven Nahmias, Tava Lennon Olsen
8th Edition
1478639261, 9781478639268
