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Dunay Corporation is considering investing $910,000 in a project The life of the project would be 7 years. The project would require additional working capital
Dunay Corporation is considering investing $910,000 in a project The life of the project would be 7 years. The project would require additional working capital of which would be released for use elsewhere at the end of the project. The annual net cash inflows would be The salvage value of the assets used in the project would be $51,000. The company uses a discount rate of 12%. (lgnore income taxes.) Compute present value of the project. (Negative amount should be by minus discount factor(s) 3 decimal places, intermediate and answers to the nearest dollar amount.)
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