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Dunay Corporation is considering investing $825,000 in a project. The life of the project would be 10 years. The project would require additional working capital
Dunay Corporation is considering investing $825,000 in a project. The life of the project would be 10 years. The project would require additional working capital of $22,000. which would be released for use elsewhere at the end of the project. The annual net cash inflows would be $154,000. The salvage value of the assets used in the project would be $32,000. The company uses a discount rate of 15%. (Ignore income taxes.) Compute the net present value of the project
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