Question
Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent. Note: Negative amount should be indicated by a minus
Compute the NPV statistic for Project Y if the appropriate cost of capital is 13 percent.
Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.
Project Y
| Time: | 0 | 1 | 2 | 3 | 4 |
|---|---|---|---|---|---|
| Cash flow: | $ 9,100 | $ 3,570 | $ 4,400 | $ 1,740 | $ 520 |
NPV:
Should the project be accepted or rejected?
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Entrepreneurial Finance
Authors: Simon Hulme, Chris Drew
1st Edition
1352009811, 978-1352009811
