Question
Davis Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$99,022 1 $13,181 2 $15,479 3 $21,495 4 $28,657 5
Davis Inc., is considering a project with the following cash flows.
| Year | Cash Flows |
| 0 | -$99,022 |
| 1 | $13,181 |
| 2 | $15,479 |
| 3 | $21,495 |
| 4 | $28,657 |
| 5 | $34,917 |
What is the net present value (NPV) for this project if the appropriate discount rate is 7 percent?
[Round the final answer to the nearest cent]
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Principles Of Project Finance
Authors: E.R. Yescombe
1st Edition
0127708510, 978-0127708515
