Question
Tampa Corporation is considering an investment proposal that will require an initial outlay of $818,000 and would yield yearly cash inflows of $212,000 for nine
Tampa Corporation is considering an investment proposal that will require an initial outlay of $818,000 and would yield yearly cash inflows of $212,000 for nine years. The company uses a discount rate of? 10%. What is the NPV of the? investment????
Present value of an ordinary annuity of? $1:
| ?8% | ?9% | ?10% | |
| 1 | 0.926 | 0.917 | 0.909 |
| 2 | 1.783 | 1.759 | 1.736 |
| 3 | 2.577 | 2.531 | 2.487 |
| 4 | 3.312 | 3.24 | 3.17 |
| 5 | 3.993 | 3.89 | 3.791 |
| 6 | 4.623 | 4.486 | 4.355 |
| 7 | 5.206 | 5.033 | 4.868 |
| 8 | 5.747 | 5.535 | 5.335 |
| 9 | 6.247 | 5.995 | 5.759 |
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Evaluating The Effectiveness On Internal Audit Departments
Authors: W. Steve Albrecht, Keith R. Howe, Dennis R. Schueler, Kevin D. Stocks
1st Edition
089413177X, 978-0894131776
