Question
What is the net present value (NPV) of a project that has an initial cash outflow of $17,373, at time 0, and the following cash
What is the net present value (NPV) of a project that has an initial cash outflow of $17,373, at time 0, and the following cash inflows? The required return is 13.0%. DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR.
| Year | Cash Flow |
| 1 | $5,074 |
| 2 | $6,899 |
| 3 | $5,393 |
| 4 | $7,398 |
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Accounting What the Numbers Mean
Authors: David Marshall, Wayne McManus, Daniel Viele
12th edition
978-1260565492
