A very peculiar project with a 52-year life requires an immediate investment of -$977,000 and will generate a cash flow of +$21,000 in year 1.
A very peculiar project with a 52-year life requires an immediate investment of -$977,000 and will generate a cash flow of +$21,000 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: William Brueggeman, Jeffrey Fisher
17th Edition
1264072945, 978-1264072941
