Question
A project requires an increase in net working capital of $500,000 at time 0 that will be recovered at the end of its 20 year
A project requires an increase in net working capital of $500,000 at time 0 that will be recovered at the end of its 20 year life. If opportunity cost of capital is 12%, what is the effect on the NPV of the project? Enter your answer rounded to two decimal places.
EffectonNPV=
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International Finance Theory And Policy
Authors: Paul Krugman, Maurice Obstfeld, Marc Melitz
12th Global Edition
1292417005, 978-1292417004
