Question
An investment project has an installed cost of $518,297. The cash flows over the four-year life of the investment are projected to be $287,636, $203,496,
An investment project has an installed cost of $518,297. The cash flows over the four-year life of the investment are projected to be $287,636, $203,496, $103,802, and $92,556, respectively. What is the NPV of this project if the discount rate is infinite?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
