Question
Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 11.33 percent. The initial
Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 11.33 percent. The initial outlay is $490,826.
Year 1: 149,436
Year 2: 166,266
Year 3: 178,108
Year 4: 143,160
Year 5: 159,026
Round the answer to two decimal places
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Financial Markets And Institutions An Introduction To Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
3rd Edition
0073250937, 9780073250939
