Question
A project produces a cash flow of $432 in year 1, $137 in year 2, and $797 in year 3. If the cost of capital
A project produces a cash flow of $432 in year 1, $137 in year 2, and $797 in year 3. If the cost of capital is 15%, what is the project's PV? If the project requires an investment of $1,200, what is its NPV?
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Get StartedRecommended Textbook for
Principles of Corporate Finance
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen
10th Edition
9780073530734, 77404890, 73530735, 978-0077404895
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