Question
Problem 10-01 NPV A project has an initial cost of $71,325, expected net cash inflows of $13,000 per year for 10 years, and a cost
Problem 10-01
NPV
A project has an initial cost of $71,325, expected net cash inflows of $13,000 per year for 10 years, and a cost of capital of 11%. What is the project's NPV? (Hint:Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
