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The following details are provided by Volvox Foundry Company: INITIAL INVESTMENT: 5,020,000 What is the NPV of the project? DISCOUunt rate 15% Yearly cash flows
The following details are provided by Volvox Foundry Company: INITIAL INVESTMENT: 5,020,000 |
What is the NPV of the project?
DISCOUunt rate 15% Yearly cash flows $1,270,000 $1,360,000 $2,404,000 $1,162,000 2 4 PV of $1: 13% 0.885 0.783 0.693 0.613 14% 0.877 0.769 0.675 0.592 15% 0.87 0.756 0.658 0.572 2 4 OA. $592,360 OB. $(597,668) O C. $625,302 O D. $(640,444)Step by Step Solution
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