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The following details are provided by Ferrous Foundry Company: Initial investment $5,020,000 Discount rate 15% Yearly cash inflows 1 $1,270,000 2 $1,364,000 3 $2,406,000
The following details are provided by Ferrous Foundry Company: Initial investment $5,020,000 Discount rate 15% Yearly cash inflows 1 $1,270,000 2 $1,364,000 3 $2,406,000 4 $1,156,000 PV of $1: 13% 14% 15% 1 0.885 0.877 0.87 2 0.783 0.769 0.756 3 0.693 0.675 0.658 4 0.613 0.592 0.572 What is the NPV of the project? OA. $625,302 B. $592,360 OC. $(639,536) OD. $(598,577)
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College Algebra With Modeling And Visualization
Authors: Gary Rockswold
6th Edition
0134418042, 978-0134418049
