Question
Consider a project in which the initial after-tax investment is $80,000. The predicted after-tax cash for the following 4 years are: Year 1: $40,000 Year
Consider a project in which the initial after-tax investment is $80,000. The predicted after-tax cash for the following 4 years are:
Year 1: $40,000
Year 2: $40,000
Year 3: $30,000
Year 4: $30,000
What is the NPV of this project is the discount rate is 12%?
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Analysis For Financial Management
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
