Question
Vine Corporation has provided the following data concerning an investment project that it is considering: Initial Investment $100,000 Working Capital $73,000 Annual Cash Flow $40,000
Vine Corporation has provided the following data concerning an investment project that it is considering:
| Initial Investment | $100,000 |
| Working Capital | $73,000 |
| Annual Cash Flow | $40,000 |
| Salvage Value at the End of the Project | $29,000 |
The working capital would be released for use elsewhere at the end of the project in 4 years. The company's discount rate is 13%.
The net present value of the project is closest to: ?
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Deadly Audit A Buckeye Barrister Mystery
Authors: David M Selcer
1st Edition
0988194368, 978-0988194366
