Question
Project L costs $70,000, its expected cash inflows are $15,000 per year for 12 years, and its WACC is 9%. What is the project's NPV?
Project L costs $70,000, its expected cash inflows are $15,000 per year for 12 years, and its WACC is 9%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
