Question
Consider a project in which the initial investment is $90,000. The predicted cash flows for the following 4 years are: Year 1: $40,000 Year 2:
Consider a project in which the initial investment is $90,000. The predicted cash flows 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 14%?
Group of answer choices
$13,877.97
$10,321.87
$11,906.44
$15,915.16
$18,020.99
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International Financial Reporting And Analysis
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
8th Edition
978-1473766853, 1473766850
