Question
Find the net present value of a project that has cash flows of -$12,000 in year 1, +$5,000 in years 2 and 3, -$2,000 in
Find the net present value of a project that has cash flows of -$12,000 in year 1, +$5,000 in years 2 and 3, -$2,000 in year 4, and +$6,000 in years 5 and 6. Use an interest rate of 12%. Find the interest rate that gives a net present value of zero.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
