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Edmundo Services is considering an investment of $25,000. Data related to the investment are as follows: Year Cash Flow 1 $ 10,000 2 11,000 3
Edmundo Services is considering an investment of $25,000. Data related to the investment are as follows:
Year | Cash Flow |
1 | $ 10,000 |
2 | 11,000 |
3 | 8,000 |
4 | 15,000 |
5 | 15,000 |
Cost of capital is 14 percent. What is the net present value of the investment, assuming no taxes are paid?
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