Question
NPV A project has an initial cost of $60,000, expected net cash inflows of $9,000 per year for 11 years, and a cost of capital
NPV
A project has an initial cost of $60,000, expected net cash inflows of $9,000 per year for 11 years, and a cost of capital of 9%. 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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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
