Question
Calculate the net present value (NPV) for the following project. The project requires an initial investment of $1,960 and provides 5 annual cash inflows of
Calculate the net present value (NPV) for the following project. The project requires an initial investment of $1,960 and provides 5 annual cash inflows of $ 165 Assume a cost of capital of 12.9%.
The net present value is $__. (Round to the nearest cent.)
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Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
