Question
NPV A project has an initial cost of $38,425, expected net cash inflows of $12,000 per year for 12 years, and a cost of capital
NPV A project has an initial cost of $38,425, expected net cash inflows of $12,000 per year for 12 years, and a cost of capital of 8%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent. $
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
