Question
The Horizon Company will invest $60,000 in a temporary project that will generate the following cash inflows for the next three years. Cost of capital
The Horizon Company will invest $60,000 in a temporary project that will generate the following cash inflows for the next three years. Cost of capital is 12%. Calculate NPV of the project.
Year Cash Flow
1 ..................... $30,000
2 ..................... 30,000
3 ..................... 30,000
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
