Question
Best Pty Ltd is considering a project. The project has an initial investment of $450,000, with annual positive cash flows of $160,000 for four years.
Best Pty Ltd is considering a project. The project has an initial investment of $450,000, with annual positive cash flows of $160,000 for four years. The required rate of return on projects is 5%. What is the Net Present Value (NPV) of the project?
Select one:
a.$-318 496
b.$ 262 288
c.$ 567 360
d.$ 117 360
e.$-318 368
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
