Question
NPV A project has an initial cost of $62,825, expected net cash inflows of $12,000 per year for 9 years, and a cost of capital
NPV A project has an initial cost of $62,825, expected net cash inflows of $12,000 per year for 9 years, and a cost of capital of 10%. 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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Managing Finance A Socially Responsible Approach
Authors: D. Crowther
1st Edition
0750661011, 978-0750661010
