Question
FIN QUESTION # 5: Carland Inc., has a project available with the following cash flows. If the required return for the project is 7.7 percent,
FIN QUESTION # 5:
Carland Inc., has a project available with the following cash flows. If the required return for the project is 7.7 percent, what is the project's NPV ?
The information needed:
YEAR CASH FLOWS
0 - $256,000
1 63,900
2 88,200
3 116,800
4 70,100
5 - 11,800
I believe that the answer is 16825.93
is the answer correct ?
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
