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Please evaluate the equal annual annuity for the following repeated project. The initial investment for the project is $1 million and it will produce cash
Please evaluate the equal annual annuity for the following repeated project. The initial investment for the project is $1 million and it will produce cash flows $0.5 million, $1.0 million, $0.8 million in year 1, 2 and 3. The discount rate is 5%.
I posted this question before and the previous person had it wrong. Please make sure you result matches one of the below answers. Thanks!
a) 302,400. d) 394,488
b) 368,924. e) 583,333
c) 456,328
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