Question
What is the net present value (NPV) of a project that has an initial cash outflow of $5,000, at time 0, and the following cash
What is the net present value (NPV) of a project that has an initial cash outflow of $5,000, at time 0, and the following cash inflows? The required return is 12.0%.
Year Cash Inflows
1 $2,000
2 $2,000
3 $2,000
4 $3,000
5 $1,000
6 $1,000
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International Finance Transactions Policy And Regulation
Authors: Hal Scott, Anna Gelpern
23rd Edition
1647084105, 978-1647084103
