Question
A project requires an initial investment of $950,000 today. The present value of the cash inflows likely to result from this initial investment is $1,208,293.
A project requires an initial investment of $950,000 today. The present value of the cash inflows likely to result from this initial investment is $1,208,293. What's the net present value of this investment?
A. -$950,000
B. $950,000
C. -$258,293
D. $258,293
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
