Question
Question 1(1 point) Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 6.61
Question 1(1 point)
Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 6.61 percent. The initial outlay is $333,140.
Year 1: 159,251
Year 2: 135,349
Year 3: 131,786
Year 4: 143,678
Year 5: 185,896
Round the answer to two decimal places.
Your Answer:
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
