Question
Scotty's secret project has an initial cash outflow of $39,800 and will produce cash inflows of $18,304, $19,516, and $14,280 for years 1 through 3,
Scotty's secret project has an initial cash outflow of $39,800 and will produce cash inflows of $18,304, $19,516, and $14,280 for years 1 through 3, respectively. What is the NPV of Scotty's project if the discount rate is 13%? a. $2,971.13 b. $1,578.88 c. $2,265.11 d. $911.66 e. $2,129.09
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
