Question
A project will generate the following cash flows. If the required rate of return is 12%, what is the projects net present value? Year Cash
A project will generate the following cash flows. If the required rate of return is 12%, what is the projects net present value?
| Year | Cash flow |
| 0 | -$28,000 |
| 1 | $5,000 |
| 2 | $6,000 |
| 3 | $7,000 |
| 4 | $8,000 |
| 5 | $9,000 |
| 6 | $10,000 |
Select one:
a. $17,000.00
b. $16,790.47
c. $3,460.47
d. $1,487.21
e. -$3,072.47
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Behavioral Finance And Asset Prices
Authors: David Bourghelle, Pascal Grandin, Fredj Jawadi, Philippe Rozin
1st Edition
3031244850, 978-3031244858
