Question
Project L costs $40,000, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 10%. What is the project's NPV?
Project L costs $40,000, its expected cash inflows are $13,000 per year for 9 years, and its WACC is 10%. What is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
