Question
(NPV calculation) Calculate the NPV given the following cash flows, Year Cash flows 0 -$60,000 1 $30,000 2 $30,000 3 $15,000 4 $15,000 5 $20,000
(NPV calculation) Calculate the NPV given the following cash flows,
| Year | Cash flows |
| 0 | -$60,000 |
| 1 | $30,000 |
| 2 | $30,000 |
| 3 | $15,000 |
| 4 | $15,000 |
| 5 | $20,000 |
| 6 | $20,000 |
If the appropriate required rate of return is 8 percent, what is the project's NPV?
The NPV is $__________. (Round to the nearest dollar and use thousands separators.)
Group of answer choices
54,984.68
42,645.93
-3,485.50
30,042.54
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
