Question
NPVCalculate the net present value (NPV) for a 30-year project with an initial investment of $15,000 and a cash inflow of $5,000 per year. The
NPVCalculate the net present value (NPV) for a 30-year project with an initial investment of $15,000 and a cash inflow of $5,000 per year. The cost of capital is 13%. Comment on the acceptability of the project.
Question Part 1 The project's net present value is $ enter your response here. (Round to the nearest cent.)
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
