Question
Given the spreadsheet below, what value would Excel return if you entered the following formula? = NPV(B2,B5:D5) Discount rate 9 % Cash flows $ 250
Given the spreadsheet below, what value would Excel return if you entered the following formula?
= NPV(B2,B5:D5)
| Discount rate | 9 | % | |||
| Cash flows | $ | −250 | $500 | $500 | |
Please show steps on how to figure this out?
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
