Question
The director of capital budgeting for Big Sky Health Systems, Inc., has estimated the following cash flows for a proposed new service: Year Expected Net
The director of capital budgeting for Big Sky Health Systems, Inc., has estimated the following cash flows for a proposed new service:
Year Expected Net Cash Flow
0 -100,000
1 70,000
2 50,000
3 20,000
a. What is the project's NPV?
Answer to the nearest dollar.
b. What is the project's IRR?
Type your answer as a percentage.Round to one decimal place.
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
