Question
A project's initial investment is $297,500 and its required rate of return is 11 percent. Cash flows are $100,000, $200,000, and $150,000, at year's end
A project's initial investment is $297,500 and its required rate of return is 11 percent. Cash flows are $100,000, $200,000, and $150,000, at year's end 1, 2, and 3. What is the project's NPV?
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Lectures On Public Economics
Authors: Anthony B. Atkinson, Joseph E. Stiglitz
1st Edition
0691166412, 978-0691166414
