Question
A project requires an initial investment of $45,400 today. The present value of the cash inflows likely to result from this initial investment is $45,300.
A project requires an initial investment of $45,400 today. The present value of the cash inflows likely to result from this initial investment is $45,300. Should the firm proceed with the investment? Why or why not?
a. no, because the NPV is negative
b. yes, because the NPV is positive
c. yes, because the NPV is negative
d. no, because the NPV is positive
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
