Question
An investment requires an initial investment outflow of 40,000 and will then have cash inflows of 20,000 in year 1 and 30,000 in year 2.
An investment requires an initial investment outflow of €40,000 and will then have cash inflows of €20,000 in year 1 and €30,000 in year 2.
What is the net present value of this project assuming an 8% discount rate?
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
