Question
Mr. Wills invested in a business that will generate $75,000 annual after-tax cash flow in years 0 and 1and $90,000 annual after-tax cash flow in
Mr. Wills invested in a business that will generate $75,000 annual after-tax cash flow in years 0 and 1and $90,000 annual after-tax cash flow in years 2 and 3. Compute the NPV of these cash flows at a 10%discount rate.
A. $259,185
B. $277,348
C. $290,310
D. None of these
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
3rd Edition
013350767X, 978-0133507676
