Question
ABS Ltd starts a new project that has a initial investment of $1,000,000, The estimated life of the project is 5 years. The market rate
ABS Ltd starts a new project that has a initial investment of $1,000,000, The estimated life of the project is 5 years. The market rate of return is 9%. Year Annual Profits 1 $100,000 2 $200,000 3 $360,000 4 $480,000 5 $510,000
What is the NPV of this project?
Question 2 options:
| $190,000 | |
| -$150,000 | |
| $150,000 | |
| -$190,000 |
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Connect Online Access For Foundations Of Financial Management
Authors: BLOCK
18th Edition
1266037829
