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Knowledge Check 01 A new investment project currently under consideration has a negative net present value of $85,000. The project has a life of 10
Knowledge Check 01 A new investment project currently under consideration has a negative net present value of $85,000. The project has a life of 10 years, and the minimum required rate of return is 8%. The present value factor for an annuity at 8% for 10 periods is 6.71. What is the amount of annual additional cash flow required from the project for it to be acceptable? $12,668 $6,800 $8,500 $10,000 Prev 1 of 4lE Next> Po 4) F7 F8 F9 F10 F11
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