Question
NPVCalculate the net present value (NPV) for a 20-year project with an initial investment of $45,000 and a cash inflow of $8,000 per year. Assume
NPVCalculate the net present value (NPV) for a 20-year project with an initial investment of $45,000 and a cash inflow of $8,000 per year. Assume that the firm has an opportunity cost of 17%. Comment on the acceptability of the project.
The project's net present value is $nothing. (Round to the nearest cent.)
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Analysis For Financial Management
Authors: Robert C Higgins
8th International Edition
0071257063, 9780071257060
