Question
An investment project requires an initial investment of $80,000. The project is expected to generate net cash inflows of $28,000 per year for the next
| An investment project requires an initial investment of $80,000. The project is expected to generate net cash inflows of $28,000 per year for the next five years. These cash inflows occur evenly throughout the year. Assuming a 12% discount rate. 1. What is the projects net present value(Ignore income taxes)?
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Accounting A Systems Approach
Authors: Alison Warman, Jeff Davies
1st Edition
1861520379, 978-1861520371
