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......................can it be completed please. see two attachments please for tables. Fimbrez Corporation has provided the following data concerning an investment project that it is
......................can it be completed please. see two attachments please for tables.
Fimbrez Corporation has provided the following data concerning an investment project that it is considering:
Initial investment | $280,000 | |
Annual cash flow | $128,000 | per year |
Expected life of the project | 4 | years |
Discount rate | 9% |
Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. |
The net present value of the project is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) |
4.$(152,000)
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