Question
NPVCalculate the net present value (NPV) for a 20-year project with an initial investment of $15,000 and a cash inflow of $2,000 per year. Assume
NPVCalculate the net present value (NPV) for a 20-year project with an initial investment of $15,000 and a cash inflow of $2,000 per year. Assume that the firm has an opportunity cost of 16%. Comment on the acceptability of the project.
The project's net present value is $. (Round to the nearest cent.)
Should you accept?
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Handbook Of Financial Econometrics
Authors: Yacine Ait-Sahalia, Lars Peter Hansen
1st Edition
044450897X, 978-0444508973
