Question
Assume that a project generates cash flows of $2000 in years 1 and 2, $4000 in the next two years and $5000 in the last
Assume that a project generates cash flows of $2000 in years 1 and 2, $4000 in the next two years and $5000 in the last year. The initial investment is $10 000. The discount rate is 10%. What is the NPV?
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
