Question
A project has an initial investment requirement of $41,000. In years 1, 2, and 3 it will generate cash flows of $20,000, $23,000, and $14,000
A project has an initial investment requirement of $41,000. In years 1, 2, and 3 it will generate cash flows of $20,000, $23,000, and $14,000 respectively. If a company is evaluating the project and has a required return of 11%, should the company accept this project? What if the required return is 24%?
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Foundations Of Financial Markets And Institutions
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
4th Edition
0136135315, 978-0136135319
