Question
A project is expected to produce cash inflows of 6,000 a year for 6 years with a final cash inflow of $8,000 in Year 7.
A project is expected to produce cash inflows of 6,000 a year for 6 years with a final cash inflow of $8,000 in Year 7. The initial cost of the project is 25,000. If the required rate of return is 12 percent, what is the net present value of the project?
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
1st Edition
0765616785, 9780765616784
