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(Ignore income taxes in this problem.) The following data on a proposed investment project have been provided: Cost of equipment.. $50,000 Working capital required. $30,000
(Ignore income taxes in this problem.) The following data on a proposed investment project have been provided: Cost of equipment.. $50,000 Working capital required. $30,000 Salvage value of equipment... $0 Annual cash inflows from the project. $20,000 20% 8 years Required rate of return. Life of the project.. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. The working capital would be released for use elsewhere at the end of the project. The net present value of the project is closest to: Multiple Choice $3,730 $0 $32,450 $88,370
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