Question
An investment has an installed cost of $525,800. The cash flows over the four-year life of the investment are projected to be $223,850, $240,450, $207,110,
| An investment has an installed cost of $525,800. The cash flows over the four-year life of the investment are projected to be $223,850, $240,450, $207,110, and $155,820. |
| If the discount rate is infinite, what is the NPV? |
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Financial Markets And Institutions A Modern Perspective
Authors: Anthony Saunders, Marcia Millon Cornett, Marcia Cornett
2nd Edition
007294109X, 978-0072941098
