Question
A project requires an initial investment of EUR 10 000 and has a discount rate of 11%. It generates cash flows of EUR 5 000
A project requires an initial investment of EUR 10 000 and has a discount rate of 11%. It generates cash flows of EUR 5 000 one year from now, EUR 5 500 two years from now, and EUR 7 000 three years from now. What is the NPV of the project?
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
