Question
A project requires an increase in net working capital of $195,000 at time 0 that will be recovered at the end of its 10 year
A project requires an increase in net working capital of $195,000 at time 0 that will be recovered at the end of its 10 year life. If opportunity cost of capital is 1%, what is the effect on the NPV of the project?Enter your answer rounded to two decimal places.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
