Question
Find the net present value of a project that has cash flows of -$12000 in year 1, $5000 in Years 2 and 3, -$2000 in
Find the net present value of a project that has cash flows of -$12000 in year 1, $5000 in Years 2 and 3, -$2000 in Year 4, and $6000 in Years 5 and 6. Use an interest rate of 12%. Cash flows occur at the end of each given year, so C0 = 0.
Should you undertake this project? Explain.
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
