Question
RiverRocks, Inc., is considering a project with the following projected free cash flows: The rate is 11.1% Year 0 1 2 3 4 Cash Flow
RiverRocks, Inc., is considering a project with the following projected free cash flows:
The rate is 11.1%
| Year | 0 | 1 | 2 | 3 | 4 |
| Cash Flow (in millions) | $50.2 | $9.5 | $19.4 | $20.5 | $14.2 |
The rate is 11.1%
The net present value of the project is $ ???? million.(Round to three decimal places.)
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
8th Edition
0077606779, 978-0697789945
