Question
Rossdale Flowers has a new greenhouse project with an initial cost of $374,000 that is expected to generate cash flows of $47,700 for 12 years
Rossdale Flowers has a new greenhouse project with an initial cost of $374,000 that is expected to
generate cash flows of $47,700 for 12 years and a cash flow of $63,100 in Year 13. If the required
return is 8.8 percent, what is the project's NPV?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
2nd Edition
0324289235, 9780324289237
