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Aerospace Dynamics will invest $165,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the
Aerospace Dynamics will invest $165,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the fourth years cash flow is negative.) Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Year Cash Flow 1 $ 58,000 2 65,000 3 62,000 4 (59,000 ) 5 125,000
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