Question
A project has an initial cost of $55,000, expected net cash inflows of $15,000 per year for 6 years, and a cost of capital of
A project has an initial cost of $55,000, expected net cash inflows of $15,000 per year for 6 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
12th Edition
0136096689, 978-0136096689
