Question
t33 Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 220,000 Annual cash flow $ 129,000
t33
Moates Corporation has provided the following data concerning an investment project that it is considering:
| Initial investment | $ | 220,000 | |
| Annual cash flow | $ | 129,000 | per year |
| Expected life of the project | 4 | years | |
| Discount rate | 9 | % | |
The net present value of the project is closest to:
Multiple Choice
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$197,831
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$220,000
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$(91,000)
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$(197,831)
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Management Accounting Text Problems And Cases
Authors: M. Y. Khan, P K Jain
7th Edition
9352606787, 978-9352606788
