Question
To the nearest dollar, what is the net present value of a replacement project whose cash flows are -$104,000; $30,000; $69,000; and $55,000 for years
To the nearest dollar, what is the net present value of a replacement project whose cash flows are -$104,000; $30,000; $69,000; and $55,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 10%.
Select one:
A.$21,620
B.$19,654
C.$20,008
D.$30,999
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Healthcare Finance: An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
6th Edition
1567937411, 978-1567937411
