Question
ABC Company is considering a project that has the following cash flow with discount rate of 12%. What is the project's NPV? Please round to
ABC Company is considering a project that has the following cash flow with discount rate of 12%. What is the project's NPV? Please round to nearest decimal places.
| Year | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flows | $1,100 | $400 | $390 | $380 | $370 | $360 |
Group of answer choices
277.94
347.70
248.16
316.09
none of the above
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Financial Markets And Institutions
Authors: Jeff Madura
9th Edition
1439038848, 978-1439038840
