Question
Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 5.68 percent. The initial
Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 5.68 percent. The initial outlay is $480,388.
Year 1: 145,794
Year 2: 178,346
Year 3: 180,095
Year 4: 154,179
Year 5: 136,891
Round the answer to two decimal places in percentage form.
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
