Question
Project X has an initial cost of $52,599, and its expected net cash inflows are $14,250 per year for 5 years. The firm has a
Project X has an initial cost of $52,599, and its expected net cash inflows are $14,250 per year for 5 years. The firm has a WACC of 10 percent, and Project Xs risk would be similar to that of the firms existing assets. Calculate the net present value (NPV) of Project X.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
