Question
A project requires an increase in net working capital of $315,000 at time 0 that will be recovered at the end of its 12 year
| A project requires an increase in net working capital of $315,000 at time 0 that will be recovered at the end of its 12 year life. If opportunity cost of capital is 5%, what is the effect on the NPV of the project? Enter your answer rounded to two decimal places.
EffectonNPV= |
| Correct | ||
|---|---|---|
| -139,596.211 | ||
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Personal Finance For Canadians
Authors: Elliot Currie, Thomas Chambers, Kathleen Brown
9th Edition
0132286750, 978-0132286756
