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Fresh Food supermarket is planning to invest in new refrigerators which will cost $120,000. Investing on the refrigerators will increase the annual cash flows of
Fresh Food supermarket is planning to invest in new refrigerators which will cost $120,000. Investing on the refrigerators will increase the annual cash flows of the supermarket by $55,300, $46,100, $35,700, and $28,200 over the next four years, respectively. What is the NPV of the project if the required rate of return is 13.5%?
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$4876.34
$5145.34
$5917.31
$6745.89
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