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Question 2 2.5 pts Find the net present value (NPV) for a proposed project costing $28,500. Assume that the appropriate cost of capital for projects
Question 2 2.5 pts Find the net present value (NPV) for a proposed project costing $28,500. Assume that the appropriate cost of capital for projects of this risk level, at this company is 11.65%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 3 $12,005 $16,569 $2,400 Year 4 Year 5 Year 6 Year 7 Year 8 $4,874 $20,576 $8,477 $22,530 $1,098
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