Question
Management of TSC, Inc. is evaluating a new $84,000 investment with the following estimated cash flows: Year Cash Flow 1 $ 16,000 2 26,000 3
Management of TSC, Inc. is evaluating a new $84,000 investment with the following estimated cash flows:
| Year | Cash Flow | ||
| 1 | $ | 16,000 | |
| 2 | 26,000 | ||
| 3 | 41,000 | ||
| 4 | 68,000 | ||
The firms cost of capital is 7 percent and the project will require that the firm spend $24,000 to terminate the project. Use Appendix B to answer the question. Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar.
NPV OF INVESTMENT- $
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Finance Accumulation And Monetary Power
Authors: Daniel Woodley
1st Edition
0367338556, 978-0367338558
