Question
The net cash flows for Project-P are as follows: Year-0: $(300) million; Year-1: $140 million; Year-2: $120 million; Year-3: $120 million and Year-4: $78 million.
The net cash flows for Project-P are as follows:
Year-0: $(300) million; Year-1: $140 million; Year-2: $120 million; Year-3: $120 million and Year-4: $78 million. If the required rate is 14.09%, what would be the PVI of the project?
(USE negative sign, if applicable, to the answer, which should be rounded to 2-decimal places)
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
