Question
A project has an initial outlay of $2,755. It has a single payoff at the end of year 10 of $7,297. What is the net
A project has an initial outlay of $2,755. It has a single payoff at the end of year 10 of $7,297. What is the net present value (NPV) of the project if the company's cost of capital is 9.53 percent?
Round the answer to two decimal places.
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Corporate Finance A Practical Approach
Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan
2nd Edition
1118217292, 9781118217290
