Question
Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent. Note: Negative amount should be indicated by a minus
Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 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: | $ 8,000 | $ 3,350 | $ 4,180 | $ 1,520 | $ 300 |
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
