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A project with an initial outlay of $5098 has a required rate of return of 9.2% and NPV of $734. Given the cash flows in
A project with an initial outlay of $5098 has a required rate of return of 9.2% and NPV of $734. Given the cash flows in the table below, find the cash flow in Year 2, to the nearest dollar.
Year | Cash Flow |
---|---|
1 | $1109 |
2 | CF2 = ??? |
3 | $1529 |
4 | $2102 |
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