A very peculiar project with a 42-year life requires an immediate investment of -$994,000 and will generate +$1,048 in year 1. Each year thereafter the
A very peculiar project with a 42-year life requires an immediate investment of -$994,000 and will generate +$1,048 in year 1. Each year thereafter the cash flow will increase by +$1,000 until the end of the project's life. What is the NPV of this project for a discount rate of 0%? Round the answer to the nearest dollar. (Acceptable error = $1,000)
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Authors: Roger Staiger
2nd Edition
1138046183, 978-1138046184
