Question
A project has an initial cost of $850,000 and lasts 5 years. Net cash flows in year 1-5 are $150,000, $250,000, $250,000, $100,000 and $400,000.
A project has an initial cost of $850,000 and lasts 5 years. Net cash flows in year 1-5 are $150,000, $250,000, $250,000, $100,000 and $400,000. What is the NPV if the required return is 8 percent?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
