Question
A project has estimated annual net cash flows of $57,053 for 3 years and is estimated to cost $135,000. Assuming a minimum acceptable rate of
A project has estimated annual net cash flows of $57,053 for 3 years and is estimated to cost $135,000. Assuming a minimum acceptable rate of return of 12% determine:
1) The net present value of the project (show your work)
2) the present value index rounded to two decimal places (show your work)
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Capital Market Instruments Analysis And Valuation
Authors: M. Choudhry, D. Joannas, G. Landuyt, R. Pereira, R. Pienaar
3rd Edition
0230576036, 9780230576032
