Question
A project has an initial investment of $25,000, with $6,500 annual inflows for each of the subsequent 5 years. If the required return is
A project has an initial investment of $25,000, with $6,500 annual inflows for each of the subsequent 5 years. If the required return is 12%, what is the NPV? A) -$6,500.00 B) -$2,447.02 C) $1,568.95 D) $215.46 E) $1,763.81
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
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