Question
A project that costs $4,750 to install will provide annual cash flows of $1,600 for each of the next 6 years. a. What is NPV
A project that costs $4,750 to install will provide annual cash flows of $1,600 for each of the next 6 years.
a. What is NPV if the discount rate is 13%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
b. How high can the discount rate be before you would reject the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
