Question
The estimated cash flows for a project are shown below. year end: 0 1 2 3 4 cash flow: -$1100 , -$400 , $1000 ,
The estimated cash flows for a project are shown below.
year end: 0 1 2 3 4
cash flow: -$1100 , -$400 , $1000 , $1000 , $1000
If the interest rate is 12% per year, compounded annually, the annual worth of the project is
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
8th Edition
0357714636, 9780357714638
