Question
CSUN Corp. is planning to invest in a new development. The cost of the project will be $23 million and is expected to generate cash
CSUN Corp. is planning to invest in a new development. The cost of the project will be $23 million and is expected to generate cash flows of $14,000,000, $11,750,000, and $6,350,000 over the next three years. The company's cost of capital is 20 percent.
The NPV of the project is closest to $___________ million.
a. $0.50
b. $1.00
c. $0.25
d. $0.75
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Corporate Finance Principles and Practice
Authors: Denzil Watson, Antony Head
7th edition
1292103035, 978-1292103082, 1292103086, 978-1292103037
