Question
A project has an initial outlay of $1,993. The project will generate annual cash flows of $696 over the 6-year life of the project and
A project has an initial outlay of $1,993. The project will generate annual cash flows of $696 over the 6-year life of the project and terminal cash flows of $282 in the last year of the project. If the required rate of return on the project is 20%, what is the net present value (NPV) of the project?
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Financial Analysis With Microsoft Excel 2016
Authors: Timothy R. Mayes, Todd M. Shank
8th Edition
1337298042, 9781337298049
