Question
Rossdale Flowers has a new greenhouse project with an initial cost of $295,000 that is expected to generate cash flows of $48,100 for 7 years
Rossdale Flowers has a new greenhouse project with an initial cost of $295,000 that is expected to generate cash flows of $48,100 for 7 years and a cash flow of $63,500 in Year 8. If the required return is 8.7 percent, what is the project's NPV?
Multiple Choice
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$6,798.17
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$60,414.12
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$87,239.03
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$25,780.80
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$17,879.76
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Corporate Finance
Authors: David J. Moore Ph.D
4th Edition
1517212685, 9781517212681
