Question
A project has an initial cost of $65,000, expected net cash inflows of $14,000 per year for 8 years, and a cost of capital of
A project has an initial cost of $65,000, expected net cash inflows of $14,000 per year for 8 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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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
