Question
Consider this project with an internal rate of return of 23.7%. The following are the cash flows of the project. Year Cash Flow 0 +$190
| Consider this project with an internal rate of return of 23.7%. The following are the cash flows of the project. |
| Year | Cash Flow | |||||
| 0 | +$190 | |||||
| 1 | 130 | |||||
| 2 | 130 | |||||
| What is project NPV if the discount rate is 16%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| NPV $ ____ |
|
| Should you accept the project? | ||||
|
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Finance Introduction To Institutions Investments And Management
Authors: Ronald W. Melicher, Edgar A. Norton
12th Edition
0471675792, 9780471675792
