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Puello Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 480,000 Annual cash flow $ 145,000 per
Puello Corporation has provided the following data concerning an investment project that it is considering:
Initial investment | $ | 480,000 | |
Annual cash flow | $ | 145,000 | per year |
Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.
The life of the project is 4 years. The companys discount rate is 8%. The net present value of the project is closest to:
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