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 | $9,000 | $3,550 | $4,380 | $1,720 | $500 |
| NPV | $ |
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
7th Edition
0321122356, 978-0321122353
