Question
EP system is setting up to manufacture a new line of video game consoles. The cost of the manufacturingequipment is $1,750,000. Expected cash flow over
EP system is setting up to manufacture a new line of video game consoles. The cost of the manufacturingequipment is $1,750,000. Expected cash flow over the next 4 years are $725,00, $850,00, $1,200,000 and $1.500,000. Given the EP system's required rate of return of 15%, what is the NPV of this project?
$1,169,806
$2.919,806
$4,669,806
$3,122,607
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
