Question
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $15,000 per year for 9 years, and its
Project L requires an initial outlay at t = 0 of $55,000, its expected cash inflows are $15,000 per year for 9 years, and its WACC is 12%. What is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
