Question
A project requires an initial outflow of $100,000 and is expected to produce $20,000 inflows over each of the next five years. If the required
A project requires an initial outflow of $100,000 and is expected to produce $20,000 inflows over each of the next five years. If the required return of the project is 8%, what is its NPV (rounded to the nearest dollar)?
a. 81480.00
b. -81474.00
c. -118514.00
d. 74234.00
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Banking And Beyond The Evolution Of Financing Along Traditional And Alternative Avenues
Authors: Caterina Cruciani, Gloria Gardenal , Elisa Cavezzali
1st Edition
3030457516,3030457524
