NPV A project has an initial cost of $45,850, expected net cash inflows of $13,000 per year for 10 years, and a cost of capital
NPV
A project has an initial cost of $45,850, expected net cash inflows of $13,000 per year for 10 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
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Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
