Question
Apple Cider Company is investing in a giant crane. It is expected to cost 8.0 million in initial investment and it is expected to generate
Apple Cider Company is investing in a giant crane. It is expected to cost 8.0 million in initial investment and it is expected to generate an end of year cash flow of 3.0 million each year for 5 years. Calculate the NPV (approximately) at 12%.
| 4.52 million | ||
| 3.25 million | ||
| 2.81 million | ||
| 1.33 million |
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
