Question
Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign.
| Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal place.) |
| Project Y | |||||
| Time: | 0 | 1 | 2 | 3 | 4 |
| Cash flow | $9,300 | $3,610 | $4,440 | $1,780 | $560 |
(it's not -628.93)
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
