Question
What is the net present value (NPV) of a project that has the following cash flows? The required return is 12.0%. Year Cash Flow 0
What is the net present value (NPV) of a project that has the following cash flows? The required return is 12.0%.
Year Cash Flow
0 $ (12,000)
1 $ 3,000
2 $ 3,000
3 $ 3,000
4 $ 3,000
5 $ 3,000
6 $ 3,000
Group of answer choices
$ (1,666)
$ 334
None of these are correct.
$ (934) $ 1,066
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Accounting
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
Volume 1, 2nd canadian Edition
176509739, 978-0176509736, 978-0176509743
