Question
Mac's Donuts has the following cash flows: Time: 0 1 2 3 Cashflow: -10 -5 3 4 After year 3 the cash flow will grow
Mac's Donuts has the following cash flows:
Time: 0 1 2 3
Cashflow: -10 -5 3 4
After year 3 the cash flow will grow at a constant rate of 1%. The appropriate cost of capital for this cash flow is 6%. What is the NPV of invest? My answer NPV is 59.15, but it wasn't right. Please help
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
8th Edition
1111534861, 9781111534868
