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Coughlin Motors is considering a project with the following expected cash flows: NINV = 600 million; NCF1 = $400 million; NCF2= $300 million; NCF3 =
Coughlin Motors is considering a project with the following expected cash flows:
NINV = 600 million; NCF1 = $400 million; NCF2= $300 million; NCF3 = $200 million; NCF4 = $700 million.
If the cost of capital is 12% and the risk free rate of interest is 6%, what is the projects net present value (NPV?
a.) $611.20 million
b.) $661.49 million
c.) $1,000.00 million
d.) $1,188.59 million
how do I work this out by hand instead of in Excel or using a FIN calculator?
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