Question
A project with an initial outlay of $5575 has a required rate of return of 10.47% and NPV of $1821. Given the cash flows in
A project with an initial outlay of $5575 has a required rate of return of 10.47% and NPV of $1821. Given the cash flows in the table below, find the cash flow in Year 2, to the nearest dollar.
| Year | Cash Flow |
| 1 | $1020 |
| 2 | ?? |
| 3 | 1535 |
| 4 | 2080 |
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
