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The discount rate is 3%. Your Corporation is considering an investment project that will require an initial investment of $15,000 and will generate the following
The discount rate is 3%. Your Corporation is considering an investment project that will require an initial investment of $15,000 and will generate the following net cash inflows in each of the three years of the project:
|
| Year 1 | Year 3 | Year 5 | ||
| Cash inflows.......... | $6,000 | $8,000 | $7,000 |
|
|
| Cash outflows........ | $0 | $0 | $4,500 |
What is the net present value for this project?
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