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Using a cost of capital of 1616%, calculate the net present value for the project shown in the following table and indicate whether it is
Using a cost of capital of
1616%,
calculate the net present value for the project shown in the following table and indicate whether it is acceptable,
Initial investment | -1149 |
Year | Cash inflows |
1 | 79 |
2 | 131 |
3 | 193 |
4 | 255 |
5 | 312 |
6 | 378 |
7 | 272 |
8 | 97 |
9 | 46 |
10 | 23 |
.
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