Question
A project has an initial cost of $55,000, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of
A project has an initial cost of $55,000, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 9%. 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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Contemporary Issues In Development Finance
Authors: Joshua Yindenaba Abor, Robert Lensink, Charles Komla Delali Adjasi
1st Edition
1138324329, 978-1138324329
