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Find the net present value ( NPV ) for a proposed project costing $49,623. Assume that the appropriate cost of capital for projects of this
Find the net present value (NPV) for a proposed project costing $49,623. Assume that the appropriate cost of capital for projects of this risk level, at this company is 15.63%, and the estimated cash flows for the life of the project are as follows:
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 |
$12,605 | $14,245 | $10,380 | $17,735 | $16,718 | $4,427 | $8,866 | $14,279 |
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