Question
Requirement 2 Davis Inc., is considering a project with the following cash flows. Year Cash Flows 0 -$53,021 1 $13,645 2 $15,877 3 $22,114 4
Requirement 2
Davis Inc., is considering a project with the following cash flows.
| Year | Cash Flows |
| 0 | -$53,021 |
| 1 | $13,645 |
| 2 | $15,877 |
| 3 | $22,114 |
| 4 | $25,836 |
| 5 | $33,076 |
What is the net present value (NPV) for this project if the appropriate discount rate is 9 percent?
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The Handbook Of Alternative Assets
Authors: Peter Temple
1st Edition
161477076X, 978-1906659219
