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A project requires an initial investment of $580,000 and will return $140,000 each year for six years. Factors for a 10% rate for six years
A project requires an initial investment of $580,000 and will return $140,000 each year for six years. Factors for a 10% rate for six years are shown below: Assuming the company's required rate of return is 10 percent, should the company invest in this project? Yes, because the net present value is greater than zero. There is not enough quantitative information to answer this question. No, because the internal rate of return cannot be calculated. No, because the net present value is less than zero
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