Question
Calculate the net present value (NPV) for a 25-year project with an initial investment of $20,000 and a cash inflow of $2,000 per year. Assume
Calculate the net present value (NPV) for a 25-year project with an initial investment of $20,000 and a cash inflow of $2,000 per year. Assume that the firm has an opportunity cost of 16%. Comment on the acceptability of the project.
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 9780138596873
