Question
NPV A project has an initial cost of $50,000, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital
| NPV A project has an initial cost of $50,000, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of 14%. 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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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th Edition
1260772381, 978-1260772388
