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Question 1 1 pts A project costs $4,000. You expect the following cash flows from the project: N Year Cash Flow 1 $2,000 $4,000 3
Question 1 1 pts A project costs $4,000. You expect the following cash flows from the project: N Year Cash Flow 1 $2,000 $4,000 3 $7,000 4 $9,000 5 $10,000 If the required rate of return is 11%, what is the NPV of this project? Answer to 2 decimals places, for example 100.32
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