Question
HW 6B Question 4 A project has an initial outlay of $3,352. It has a single payoff at the end of year 3 of $7,635.
HW 6B
Question 4
A project has an initial outlay of $3,352. It has a single payoff at the end of year 3 of $7,635. What is the net present value (NPV) of the project if the company's cost of capital is 13.15 percent?
Round the answer to two decimal places.
Answer:
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
