Question
The following details are provided by Doppler Company: Initial investment $2,020,000 Discount rate 12% Yearly cash flows 1 $734,000 2 $596,000 3 $596,000 4 $596,000
The following details are provided by Doppler Company:
| Initial investment | $2,020,000 |
| Discount rate | 12% |
| Yearly cash flows |
|
| 1 | $734,000 |
| 2 | $596,000 |
| 3 | $596,000 |
| 4 | $596,000 |
| 5 | $734,000 |
Calculate the NPV of the project.
| a | $959,500 |
| b | $252,500 |
| c | $330,060 |
| d | $1,015,050 |
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The Next Step Advanced Medical Coding And Auditing 2013
Authors: Carol J. Buck MS CPC CCS-P
1st Edition
1455744859, 978-1455744855
