Question
Suppose you're presented with a proposal for a project that costs $4,300 and will bring in $20,200 the first year. The next year, you'll have
Suppose you're presented with a proposal for a project that costs $4,300 and will bring in $20,200 the first year. The next year, you'll have to pay out $15,800. With a cost of capital of 14%, calculate the net present value (NPV) for this project. The NPV of the project is $ ___. (Round to the nearest cent.)
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ISE Analysis For Financial Management
Authors: Robert C. Higgins Professor, Jennifer Koski
13th International Edition
1265042632, 9781265042639
