Question
A project requires an upfront investment of $20,000, to be paid today. It will generate annual cash flows for 5 years that grow at 10%
| A project requires an upfront investment of $20,000, to be paid today. It will generate annual cash flows for 5 years that grow at 10% per year, after which the project will end with no residual value. Year 1 cash flows will be $5,000. The appropriate discount rate is 15%. What is the NPV of this project? |
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Empirical Finance
Authors: Sardar M. N. Islam, Sethapong Watanapalachaikul
1st Edition
3790815519, 978-3790815511
