Question
Cecilia owns her business and is considering an investment project, which requires an initial cost of $10,000. In addition, the project requires (additional) shutdown costs
Cecilia owns her business and is considering an investment project, which requires an initial cost of $10,000. In addition, the project requires (additional) shutdown costs of $3000 four years from now.benefit side is: the project will pay $5000 each year for the next three years.What is the NPV of this investment project if the cost of capital is 7%?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
