Question
Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 12.33 percent. The initial
Find the net present value (NPV) for the following series of future cash flows, assuming the companys cost of capital is 12.33 percent. The initial outlay is $346,553.
Year 1: 157,021
Year 2: 147,435
Year 3: 169,239
Year 4: 120,240
Year 5: 153,395
Round the answer to two decimal place
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
