Question
Project Y, which has an initial investment of $10,200.00, also has annual cash inflows of $2,800.00 for each of the subsequent 3 years. If the
Project Y, which has an initial investment of $10,200.00, also has annual cash inflows of $2,800.00 for each of the subsequent 3 years. If the required return is 14.00%, what is the NPV?
Question options
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| a) | $2,259.68 |
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| b) | $2,679.40 |
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| c) | -$10,621.46 |
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| d) | -$3,699.43 |
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| e) | -$1,109.63 |
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An Introduction To Personal Finance
Authors: Anne Marie Ward
2nd Edition
1907214267, 978-1907214264
